Da Nang and iDE Viet Nam have already inked a cooperation agreement on implementing the DMDP project ‘Creating a Sustainable Circular Economy for Plastic Waste in Viet Nam’ funded by the Danish International Development Agency (DANIDA) at a total budget of VND 34.57 billion.

Illustrative image (Source: DNO)

The project, led by a consortium consisting of iDE, Oceanworks and Evergreen Social Ventures, seeks to develop plastic waste recycling as a profitable venture and provide waste pickers with a living income. Furthermore, the project will reduce the flow of plastic waste into natural environments in coastal cities of Viet Nam.

Accordingly, from now to 2024, the project will create jobs for 750 people at waste collection, transit or sorting units, increase income for 750 scrap metal collectors and develop a recycling model suitable for Da Nang.

At the same time, heed will be paid to collecting, recycling and reusing plastic waste, avoiding the possibility of plastic waste drifting into the ocean and ensuring that plastic waste recycling businesses are provided with desired products at competitive prices and have a reliable source of raw materials.

Reporting by KHANH HA - Translating by A.THU