News

• The projects will directly benefit the development of sustainable urban areas in nine countries on the southern and eastern shores. • According to the European Investment Bank, urban infrastructure in the region will require an investment of €60 billion in the next 20 years. • The Union for the Mediterranean fosters social and urban infrastructure initiatives with a regional scope to raise strategic investments amongst the stakeholders in the region (governments, multilateral organisations and promoters)…. read more

The UfM’s Urban Projects Finance Initiative (UPFI) Workshop brings all relevant stakeholders and promoters involved in the initiative together for the first time, marking the start of its second phase. Laila Iskandar, the Minister of State for Urban Renewal and Informal Areas of Egypt; Anis Ghdira, the Secretary of State for Housing of the Government of Tunisia; and Mohammed Jalayta, the Mayor of Jericho (Palestine), are attending the workshop, along with high-level representatives from international financial institutions and 60 participants from six countries involved in 15 UPFI projects…. read more

The UfM High-Level Conference on the Financing of the Future Trans-Mediterranean Transport Network (TMN-T) successfully gathered over 120 participants before the Euro-Mediterranean Partners. The event was attended by the Minister of Transport of the Hashemite Kingdom of Jordan, H.E. Lina Shbeeb, in her capacity as Co-Chair of the UfM, as well as by the main European and international financial institutions, donors and private companies…. read more

During the three-day conference, Claudio Cortese, Senior Deputy Secretary General for Business Development; Teresa Ribeiro, Deputy Secretary General for Energy; Naser Tahboub, Deputy Secretary General for Environment and Water; and Salvatore D’Alfonso, UfM Transport and Urban Development project manager, discussed renewable energies, eco-efficiency, green finances, entrepreneurship, education, free zones and the integration of the Maghreb region… read more

Barcelona, 7 November 2014. In the framework of the 8th Conference of Western Mediterranean Transport Ministers (GTMO 5+5) held in Lisbon on 22 October 2014, the UfM Secretariat praised the increasingly close and effective coordination between the Union for the Mediterranean and the Western Mediterranean Forum (5+5 Dialogue). Operational cooperation in the field of transport was fully consolidated on 14 November 2013, after the signature of a Memorandum of Understanding between the UfM Secretariat and the Group of Transports Ministers of the Western Mediterranean (GTMO) within the framework of the UfM Ministerial Meeting on Transport. Promoted by GTMO 5+5 and… read more

The UfM Secretariat aims to positively contribute towards sustainable urban development in the region by promoting innovative urban renewal, regeneration and development through specific urban projects and framework initiatives, such as the Euro-Mediterranean Urban Projects Finance Initiative (UPFI)…. read more

Barcelona, 15 June 2014. The Secretariat of the Union for the Mediterranean (UfM) has hosted the first UPFI Project Committee meeting at its headquarters, in Barcelona. This meeting took place right before the official endorsement by the UfM member states of the first project promoted within the framework of the Initiative, the Imbaba Urban Upgrading Project, which took place at the UfM Senior Officials Meeting, on 2-3 June. In consultation with the financial institutions and the European Commission, this project committee prepared an overview of the projects’ progress in order to create the Preparatory Technical Assistance schedule, which will allow a… read more

An action plan concerning the key aspects of the Trans-Maghreb Motorway Axis’ management was discussed in a participatory manner during a “Working days: Horizontal Actions for the Integration and Coordination of the Trans-Maghreb Motorway Axis management” seminar…. read more

In the framework of the Union for the Mediterranean Senior Officials Meeting, the UfM Secretariat officially launched the Urban Projects Finance Initiative (UPFI). UPFI is the financial component of the ‘Euro-Mediterranean Sustainable Urban Development Strategy’, which aims to create a shared and common framework for the development of sustainable urban and territorial development strategies and projects…. read more

The UfM-labelled project “Jordanian National Railway project as part of a Regional Railway Network” has been selected among the 2014 Strategic Top 100 Global Infrastructure Projects by CG/LA Infrastructure. Its main expected result is to achieve a closer integration among the transport markets of the Mediterranean, thus making transport connections faster, cheaper and more efficient to the benefit of citizens and business. Barcelona, 26 February, 2014. The UfM-labelled project “Jordanian National Railway project as part of a Regional Railway Network” has been selected as one of the 2014 Strategic Top 100 Global Infrastructure Projects by CG/LA Infrastructure. The official report… read more