WasteServ is investing more than €20 million in the construction of a new multi-material recovery facility with €16.9 million coming from European funds.
This new facility will be receiving bulky waste such as tires, wood, mattresses, and flat glass, as well as electronic waste (WEEE). These will be processed in order to reduce their volume to ensure adequate storage that takes up as little space as possible before they can be exported for recycling or to generate energy.
The investment was announced by Environment Minister Aaron Farrugia and Parliamentary Secretary for European Funds Stefan Zrinzo Azzopardi who visited the ongoing works in Ħal Far with WasteServ CEO Richard Bilocca.
Minister Farrugia remarked that this is another step that government is taking as part of its strategy to move towards a sustainable and circular economy, diverting waste away from landfills. The facility will be processing around 10,000 tons of waste per year.
“The economy of the future is a circular and sustainable one. We need to keep a balance with our environment and address our vulnerabilities. With circular production and consumption, we can create a strong and resilient economy. At the same time, we need to boost our ecological transition, and the work being done on waste management infrastructure is part of our plan towards this aim,” Minister Farrugia said.
Parliamentary Secretary Stefan Zrinzo Azzopardi highlighted that the investment of €16.9 million in European funds, the Multi-Material Recovery Facility will help the management of waster better. He explained that this facility will receive waste such as wood, mattresses, glass, gypsum and tyres which by 2029 is expected to amount to 20,000 tons of waste. He noted that with European funds we are strengthening a circular economy which prioritises the environment.
WasteServ CEO Richard Bilocca said that all materials entering this facility will be processed in conformity with strict specifications to increase the value of the materials and ensure that they can be exported efficiently and profitably.
This project will be completed by November 2021 and is part-financed by the European Union Cohesion Fund.