In a bid to position Abu Dhabi as a leading city in waste management, all new commercial licencees in the trading, industrial, occupational, handicrafts and construction sectors in the country’s Capital will be exempted from tariff fees on waste production during their first year of operation.
The announcement was made on Saturday by the Centre of Waste Management – Abu Dhabi (CWMAD) in a bid to see the city making positive strides towards becoming a greener emirate.
General manager for the centre Mohammed Rashed Al Hameli voiced the reasons behind the new initiative: “In line with the vision of our wise leadership, the new decree facilitates economic development in Abu Dhabi, which is the need of the hour today. Based on the Abu Dhabi Vision 2030, the Centre of Waste Management is keen to boost economic competitiveness in Abu Dhabi through encouraging start-ups.”
He further added the centre invites the business community to leverage the benefit of the latest initiative to waive tariffs on waste management for the first year.
“We urge these new ventures to step up their vital contribution to the Emirate’s goals of economic diversification,” Al Hameli added.
The announcement follows the recent decree issued by the Executive Council of Abu Dhabi mandating new investors and commercial licence holders to brief the CMWAD on the mechanism that they will adopt to reduce and better manage waste.
Tariff fees on waste production will be collected by the Department of Economic Development only after the end of the stipulated exemption period.
“The Centre prioritises the creation of an ideal business environment in the emirate of Abu Dhabi through mobilising the involvement of relevant government and semi-government entities, as well as the private sector, to achieve shared goals that focus on developing the contribution of non-oil sectors to the national GDP of the emirate,” said a statement.