The US$140 million facility has been invested by AIC Company, which plans to spend US$40 million for the factory’s first phase and US$100 million for the second phase.

Covering around 15 ha, the factory is expected to process 2,000 tonnes of waste per day when it begin operating by the end of 2011 and will be transferred to Hanoi for management in 2036.

AIC Director General Nguyen Thi Thanh Nhan said the factory will be equipped with cutting-edge technology to ensure its environmental compliance.

It will turn out compost fertilizers and recycled materials, which will be partly bought by the Vietnam Coal and Minerals Group and the Jacks group and partly exported to Malaysia , Nhan said.
At present, Hanoi is estimated to discharge around 5,000 tonnes of solid waste a day with 3,500 tonnes in urban areas and 1,500 tonnes in rural areas.