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المصري اليوم
Industrial chamber head on waste recycling support
The article discussed efforts to support and develop the waste recycling industry sector in Egypt, by exploring ways to strengthen its role in supporting the national economy and achieving environmental sustainability. The head of the Chemical Industries Chamber clarified that around 3,200 companies operate in fields such as plastic, rubber, oils, and paper recycling. He noted that the sector faces challenges related to high license fees and lengthy issuance procedures, which impact the expansion of investments. The Minister of Local Development emphasized the importance of reducing the time required for issuing and renewing licenses. Additionally, the discussion included providing grants and loans to support environmentally compliant factories, as well as expanding the creation of designated areas for waste collection and recycling. Experts recommended activating investment incentives, standardizing licensing procedures, and improving mechanisms to obtain waste from the informal sector, all aiming to increase the availability of recyclable materials and promote sustainable development in the industry.
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