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Rwanda and Enviroserve Signs 10-Year Lease Deal to manage the E-Waste Dismantling and Recycling Facility

Rwanda has decided to lease out the country’s only large scale e-waste recycling facility. The Government of thousands hills signed a 10-year lease with Enviroserve Rwanda Green Park .

The Cabinet had approved the deal in its meeting held last week and yesterday at the Ministry Trade and Industry office there was a Signing Ceremony of a ten-year lease agreement between the ministry and Enviroserve Rwanda Green Park to manage the E-Waste Dismantling and Recycling Facility.

According to sources, the $1.3 million E-Waste Dismantling and Recycling facility located in Bugesera District will be managed and operated by Enviroserve Rwanda Green Park, a subsidiary of Dubai, UAE-based Enviroserve Services LLC. The company had emerged as the successful bidder to run the facility, said Ministry of Trade and Industry, Rwanda.

The negotiations were carried out under the leadership of the Rwanda Development Board and the Ministry of Trade and Industry.

Minister of Trade and Industry Vincent Munyakazi who signed the lease said That Rwanda will benefit from both financially and environment conservation.

He added:” “I commit our support as MINICOM to ensure this partnership yields results through income and output of raw materilas of other industries.”

The decision to lease out the operations to professional private company is expected to expand the e-waste recycling activities in the country. The facility, which has a capacity to dismantle approximately 7,000 tonnes of e-waste per annum, is expected to create additional green jobs. As per estimates, the annual e-waste import volumes by Rwanda have surged higher by nearly 6% over the five-year period from 2010 to 2014.

The Express News

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