ISLAMABAD, Pakistan: An innovative Clean Pakistan Project, supported by Prime Minister’s Youth Programme, has been launched to make the country pollution-free.
Under the programme, a Waste Busters concept is being introduced which can generate about 15,000 jobs and give birth to an entire new industry in the country.
The concept will employ qualified and eligible Ecopreneurs to implement the programme at local Union Council level.
Waste Busters, a private waste management company operating in Pakistan, sorts and recycles collected waste and uses it as compost, soil, conditioners, fertilizers, refuse-derived fuel (RDF) and as repurposed furniture.
An official at the Company on Wednesday said Pakistan generates over 50,000 tons of garbage every single day of which 40 percent is not even collected and it winds up in streets and open areas.
The official said through this programme, the ecopreneurs will get up to Rs. 2 million loan from National Bank.
The loan will have to be repaid at a discounted interest rate of 6 % over a period of 8 years. The repayment will be delayed by a year to provide some time for businesses to be established.
The official said the individuals, who get selected, will be trained and supported by Waste Burners to establish their business franchise.
The amount received in loan would have to be used in initial capital investment which includes hiring employees, buying vehicles, tools, gear and personnel training expenses.