AOI inks deal with local development ministry for 4 waste management plants at €38.8 mln

The Arab Organization for Industrialization (AOI) and the Ministry of Local Development signed a contract for establishing four waste management plants at €38.8 million.

The European Bank for Reconstruction and Development (EBRD) will fund the project as part of its Kitchener Drain Depollution Project- Solid Waste Programme, approved in November 2018 with the aim to ensure adequate waste collection, transfer and treatment facilities to accommodate projected waste generation.

The contract was signed by Chairman of the organization’s Arab British for Dymanics Industries (ABD) Maj. Gen. Ismael Sayed and Deputy Minister of Local Development for National Projects Hesham al-Helbawy.

The Kitchener Drain has been described by EBRD as one of the most severely polluted drains in Egypt causing significant environmental, economic and social harm.