Riyadh - MENA Herald: The agreement signed between Veolia and OGE on June 1st, 2016 which includes industrial and medical waste collection and treatment services will reach a total investment of 100 million USD.
The preliminary licenses to develop the facilities have already been obtained by OGE and the construction is expected to start by Q1 2017.
This announcement marks the commitment of Veolia to supporting the sustainable development of the industry in Saudi Arabia. Veolia will bring its international knowledge and unchallenged expertise with more than 600 waste processing facilities and 229 hazardous waste facilities in operation worldwide.
Veolia will operate the integrated hazardous waste treatment plant that will serve Jubail, the largest industrial city in the Middle East. Veolia expertise in this area will support the Royal Commission for Jubail & Yanbu to comply with their regulations, standards and guidelines to control substances emitted, discharged, and deposited within the industrial cities.
Commenting on the news, Xavier Joseph, Managing Director of Veolia Middle East said: “Veolia has now become a trusted environmental partner for the industry in Saudi Arabia. Partnering with OGE is in line with our commitment to build local alliances to bring a strong and enduring team to deliver this ambitious project.”
“It’s our pleasure to announce that OGE & Veolia made this partnership, success starts with a vision and successful visions are based on strong pillars. OGE & Veolia partnership is the strongest pillar in our upcoming success in waste management business in KSA. Veolia is known for their strength in the waste management and this partnership offers strong support for our business” said Hisham Al Gannas, President of OGE.
With its team of specialists, proprietary technologies and international knowledge, Veolia is working towards its mission goal to safely mitigate the environmental impact of its operations and optimize the hazardous waste management processing chain. Veolia’s QHSE (Quality, Health, Safety and Environment) team everyday makes sure that the most stringent QHSE standards and regulations are met.