The Minister of State for Military Production is discussing with “Green Tech Egypt” and “OAK Holding” Developments in joint cooperation in the field of waste to energy

Cairo: April 6, 2021

Engineer / Mohamed Ahmed Morsi, Minister of State for Military Production, Mr. Robert Valk, Chairman of the Board of Directors of “Green Tech Egypt” and Mr. Gareth Brown, Chairman of the Board of Directors of “OAK Holding for Development”, and their accompanying delegation, received at the headquarters of the Ministry’s general office, to discuss developments of joint cooperation. In the field of waste to energy.

The Minister of State for Military Production stated that this meeting comes with the aim of discussing the executive position of the existing joint cooperation in the field of establishing and operating waste-to-energy plants through establishing a joint stock company for this purpose, emphasize on the political leadership’s interest in the waste management file and the speedy implementation of the strategy of converting municipal solid waste into electricity , given its great return on improving the environmental, health and living conditions of citizens, as well as achieving an economic return from the waste recycling process, adding that the ministry is about to complete the feasibility study for the project in the Abu Rawash site in Giza Governorate in cooperation with Green Tech and OAK.

Minister Morsi expressed the Ministry of Military Production’s endeavor to employ all the industrial, technological and human capabilities available to it to participate in implementing the municipal solid waste management system in cooperation with the Ministries of Environment and Local Development and the Arab Organization for Industrialization, in an optimal manner that achieves maximum benefit from the amount of waste generated daily In Egypt to smart energy solutions, emphasize that the Ministry of Military Production is keen to transfer modern technologies in the various fields of manufacturing within the companies and its affiliated units, and to cooperate with national and international companies specialized in the field of waste management in the implementation of this type of projects to deepen local manufacturing, increase the added value, reduce import and provide Foreign currency to enhance the national economy.

For his part, Mr. Robert Valk, Chairman of “Green Tech Egypt”, said that during the meeting, the executive steps and the timeline for the project to establish waste to energy plants were reviewed adding that the establishment of these plants will increase the added value of the waste. Valk praised with the large manufacturing, technological, technical, human and research capabilities that the military production companies own which facilitate the way for achieving productive joint cooperation.

While Mr. Gareth Brown, Chairman of the Board of Directors of “OAk Holding for Development”, indicated that his company will finance the establishment of the joint-stock company for the establishment and operation of waste to energy plants in accordance with the cooperation protocol signed between the National Organization for Military Production and the two “Green Tech Egypt” companies. And OAK Holdings, adding that the establishment of this company will bring a great economic return to Egypt and a national dimension that will contribute to the implementation of the sustainable development goals by generating electric power from solid municipal waste using modern technological methods.

The media advisor to the Minister of State for Military Production and the official spokesperson of the ministry / Mohamed Eid Bakr emphasized the ministry’s keenness to ensure that cooperation in this field is based on joint manufacturing and technology transfer with regard to recycling waste and converting it into energy, pointing to the ministry’s constant pursuit of integration with ministries and various bodies To support comprehensive and sustainable development strategies in the country.