WTEI’s partner made the presentation on the establishment of the WTE industry in Egypt at the ‘Egypt Can with Industry’ conference. The new sector of Egyptian industry is being developed now by the consortium named Renergy Group Partners. The consortium comprises esteemed stakeholders, including the National Organisation of Military Production, GTE, Waste to Energy International (WTEI), OAK, and CMEC.
GTE presented the consortium at the conference. During the fourth dialogue session, GTE revealed the first phase of the development plan. The plan includes three WTE facilities, which Renergy Group Partners will design, build, own, and operate (DBOO). Commencing the first phase in Abu Rawash, Giza district, Renergy collaborates with the Ministry of Local Development and Egyptian research and consultancy companies. The total investment in the first plant is $130 million (USD). The overall total investment in three plants is $500 million (USD).
Partners of Success: Prospects for Industrial Investment in Egypt
The fourth dialogue session was titled “Partners of Success: Prospects for Industrial Investment in Egypt.” The session was attended by Ambassador Nabila Makram, Minister of Immigration and Egyptian Expatriates Affairs. Significantly, Engineer Mohamed Ahmed Morsi, Minister of Military Production (NOMP), and Engineer Yehia Zaki presented the NOMP. President of the Suez Canal Economic Zone, Mr Walid Gamal El-Din, took part in the session, too. Vice-President of the Authority for Investment Affairs, and Deputy Mohamed Abou El-Enein, Undersecretary of the House of Representatives, also attended. In addition, Egyptian industry leaders, foreign delegations, and several Egyptian experts working abroad participated. Dr Tariq Abdel Raouf moderated the session.
Finally, GTE noted that Egypt generates approximately 25 million tons of solid waste annually. This waste has harmful environmental effects, particularly in terms of carbon emissions. Renergy Group Partners will participate in the “COP27” climate change conference to represent local Green Industry leaders. Egypt will host COP27 in Sharm el-Sheikh from November 6 to 18.
