Government to establish EGP 7 bn waste management holding company in few weeks

The Ismail government is planning to launch its EGP 7 bn a solid waste management holding company in two weeks’ time, unknown officials tell Al Borsa. The cabinet had agreed last week to study the possibility of establishing a company to collect and recycle waste. The company will become the primary regulator of the waste management industry, a move which would untangle a web of confused jurisdictions on recycling and waste management which include the ministries of environment, local development, electricity, and finance.