Back to the complete issue
Sunday, 14 March 2021

Japan is funding our recycling efforts

Egypt will receive USD 3.6 mn from Japan to support an ongoing United Nations Industrial Development Organization (UNIDO) project to promote recycling practices under the terms of an agreement signed by Japanese ambassador to Egypt Masaki Noke and UNIDO last week, the International Cooperation Ministry, the Japanese government and UNIDO said Tuesday. The project will provide technical assistance to SMEs and will focus on integrating the private sector in plastic recycling, and is a part of UNIDO’s Program for Country Partnership with Egypt launched last year.

Egypt has struggled to integrate the private sector companies into the waste-management industry, and has attempted to draw them in with investment incentives under the Waste Management law passed last year. The government has also initiated door-to-door recycling awareness-raising campaigns, and has said it aims to recycle around 80% of solid waste by 2026.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.