VGI breaks ground on second phase of EGP 2 bn waste recycling facility in Qena

US-based Vernbro Global Investment (VGI) has broken ground on the second phase of its EGP 2 bn agricultural waste recycling facility in Qena, Chairman Ashraf Dous told Amwal Al Ghad. The first phase of the factory, which VGI completed two months ago, extracts fibers from banana trees. The second phase, which is slated for completion in 2019, will use these fibers to produce sellable products, including paperboards and egg cartons.