Anambra Targets Digital Waste Management & Development
Posted on May 16, 2019
EJIKE ABANA
In a renewed bid to enhance waste management system, Anambra State Government has signed a Memorandum of Understanding with Redivivus Industries Limited. The total investment value is $1.1 Million Dollars.
The sharing formula for the profit is Seventy five percent for the company, twenty two percent for State and three percent for the host Community.
Redivivus is into waste recycling and management. The company is being engaged to construct facilities for the recycling of plastics and other waste materials.
Governor Willie Obiano signed the MOU on behalf of the State Government, while the CEO of Redivivus signed on behalf of their company.
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