Egyptian Minister of Finance Ahmed Kouchouk and Minister of Environment Yasmine Fouad highlighted in a joint press statement the importance of expanding private sector involvement in waste-to-energy projects.
“We seek to adopt competitive mechanisms to attract more investments, whether through public-private partnerships or regulatory reforms, to promote the use of waste as an alternative to natural gas for electricity generation,” Kouchouk said.
For her part, Minister Fouad highlighted the urgency of amending the tariff for waste-to-energy conversion, stressing that this step is crucial to making the sector more attractive for investors.
“Providing greater benefits to operating companies will encourage them to expand their work and attract new businesses,” she said.
She also explained that organic waste, sludge, and landfill gases are the main sources for energy generation, helping to reduce landfill areas and prevent environmental harm.
The government has already allocated land in eight governorates for these projects, which are expected to roll out gradually over the next three to four years.
Fouad affirmed that investing in this field not only supports Egypt’s international environmental commitments but also boosts foreign investment in waste collection, transportation, and recycling.
