BEEAH Group, the sustainability pioneer and digital expert in the Middle East and North Africa (MENA) region, and the Administrative Capital for Urban Development (ACUD), the company developing Egypt’s New Administrative Capital (NAC) megaproject, have formed a joint venture to scale sustainable waste management services and foster environmental stewardship.
The historic deal was signed by Mr. Khaled Al Huraimel, Group CEO of BEEAH, and Mr. Khaled Abbas, Chairman of the Board of Directors at ACUD, in the presence of Dr. Yasmine Fouad, Egypt’s Minister of Environment, and senior Emirati and Egyptian officials, at the at the Egypt Pavilion, COP28.
In 2020, BEEAH Group had already partnered with ACUD to deploy waste management services in the NAC. By forming a new joint venture, BEEAH and ACUD are building on the partnership to further enhance waste management services.
Khaled Al Huraimel Group CEO BEEAH
“We are pleased to sign the joint venture company agreement with the ACUD. This collaboration marks the beginning of a transformative chapter to propel ACUD and Egypt towards achieving its environmental goals and elevating its residents’ quality of life. Drawing upon our over 15 years of expertise in the waste management industry, we are committed to sharing our insights, advancing landfill waste diversion, and nurturing a culture of innovation and climate action in Egypt. Together with ACUD, we will support’s Egypt’s vision for sustainable development and prosperity.”
The extensive waste management services under the new joint venture will include public cleansing, waste collection and management of municipal solid waste, commercial waste, and medical waste. The venture will also operate several waste processing and recycling facilities to support circularity and increase landfill waste diversion.
Aligned with the goals of Egypt Vision 2030, the venture sets a bold target of achieving an 80 percent landfill waste diversion rate through its integrated waste management system at the NAC.
Mr. Abbas said that “This partnership will lay the groundwork for advancing the comprehensive waste management system in the NAC. By leveraging BEEAH’s expertise in sustainable waste management, we will further enhance the NAC’s position as a future-ready city, aligning with Egypt Vision 2030.”
