Neighbourhood Investment Facility

Officially launched in May 2008, the Neighbourhood Investment Facility (NIF) is an innovative financial instrument used as a modality of the European Union (EU). Its primary aim is to support key investment infrastructure projects in the transport, energy, social, and environment sectors as well as to support private sector development (small, and medium-sized enterprises) in the Neighborhood region. Projects receiving a grant from NIF must be in a European Neighbourhood Policy partner country that has signed an action plan with the EU (currently Armenia, Azerbaijan, Georgia, Egypt, Jordan, Lebanon, Moldova, Morocco, Palestine, Tunisia, and Ukraine).