The Board of Directors of Russian Ecological Operator has decided to invest RUB 1.845 billion in construction of two municipal solid waste management facilities in the Republic of Dagestan. The projects will be financed in the second quarter of 2024 from REO bonds.

The construction of these facilities is part of the creation of modern waste management complexes that will deal with treatment, utilization of usable materials, and disposal of waste that is not suitable for further processing.

As to Denis Butsayev, Director General of the Russian Ecological Operator, the REO will provide the investor with the funds raised through the issuance of its own bonds for the construction of these facilities as part of the KPO under construction in the Derbent and Khasavyurtovsky districts of the Republic of Dagestan. The capacity of the disposal facilities in the Derbent district will be 120 thousand tons of waste per year, and in the Khasavyurtovsky district - 150 thousand tons. By the end of this year, KPO will also build processing and recycling facilities. The capacity of the sorting complexes will be 200 and 250 thousand tons per year.

The construction of the new facilities will be carried out under the terms of a concession agreement. Thanks to these new facilities, the region will be able to reach 100% waste treatment and reduce the amount of landfilling by 50%. This is in line with the goals of the national "Ecology" project.