Egypt’s Minister of the Environment Yasmine Fouad met on Sunday with a number of investors and representatives of companies investing in converting waste into energy.
During the meeting, Fouad reviewed the measures that have been taken so far in this regard, explaining the opportunities for the private sector to invest in the waste system in the areas of collection, transportation, recycling plants and the conversion of waste into energy, noting that guidelines have been prepared for the mechanism for implementing projects in this field.
The minister indicated that the government had finished setting the final form and formula for operating contracts, and a number of sites were proposed in which these projects could be implemented, as the first station for converting waste into electric energy was started in Abu Rawash in Giza Governorate.
Fouad listened to the opinions of investors, and the problems they face in this field, especially after two years have passed since the launch of the project, and a number of measures were taken in this regard. The minister clarified the mechanism, the procedures followed in signing contracts in this field, and the role played by the concerned state authorities in this regard.
She also confirmed that the Ministry of Environment was keen to coordinate with all partner parties to study and determine the best ways and decisions necessary to prepare the environment for the implementation of this type of project.
