Egypt moves to make plastic bags economically valuable for recyclers
Tax and procedural incentives will be offered to plastic bag manufacturers who adhere to the new standards
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Tax and procedural incentives will be offered to plastic bag manufacturers who adhere to the new standards
What looks like waste could finance infrastructure, jobs, and cheaper materials
Outlining the roadmap set to transform local capabilities into a regional tech recycling hub
The project will be implemented in two phases
PLUS- CI Capital PE for Fund Management and Investment and Engazaat are launching a USD 200 mn green infrastructure fund
The projects on the table will focus on alternative fuels, animal feed, and MDF products
The expansion will increase the company’s recycling capacity by 20k tons a year
The feed-in tariff was set at the EGP equivalent of USD 0.44 per kWh
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