loader image
Back

Saudi Investment Recycling Company (SIRC)

Riyadh, Saudi Arabia

2017 - Ongoing
PollutionPublic Private PartnershipsRecyclingWaste Management

Project Description

Approach Words: Environment Preservation, Sustainability, Urban Livability

Public Policy Instruments: Financial Mechanism, Physical Intervention, Planning, Regulatory

The Saudi Investment Recycling Company (SIRC) is a national initiative for the Kingdom of Saudi Arabia dedicated to developing recycling capacities and advancing a circular economy.1 The project is distinctive for targeting the diversion of 100 percent of waste from landfills by 2035, recycling 81 percent and converting the remaining 19 percent into energy.2 It was launched in 2017 to consolidate waste management activities and finance new recycling ventures.3

The project’s vision is to “collaborate with the private sector and champion the circular economy, attracting both local and global investments”.4

It aims to mobilize investment from international and domestic partners,5 apply cutting-edge technologies to establish best practices in recycling, and enhance sustainable development and quality of life in align with Vision 2030.6 SIRC also aligns with Saudi Arabia’s revised Waste Management National Regulatory Framework to achieve and surpass national sustainability goals.7

Title: Rubbles collection and site remediation efforts at KARNR, utilizing manual crews and heavy machinery for waste management.

Source: Click Here

Title: In 2022, approximately 16 million tons of construction and demolition (C&D) waste were processed and recycled by the Saudi Investment Recycling Company (SIRC) through its subsidiary, AKAM.

Source: Click Here

Title: The first construction and demolition (C&D) waste recycling facility in Riyadh, operated by the Saudi Investment Recycling Company (SIRC), is nearing the completion of its construction phase.

Source: Click Here

Title: An exhibition booth by the Saudi Investment Recycling Company (SIRC) showcasing its plastic recycling technology.

Source: Click Here

To implement these objectives, SIRC operates through its headquarters in Riyadh and develops projects across multiple waste streams.8 Its key components include:

  • Treatment and reuse systems for demolition and construction debris9
  • Engineering, procurement, and management services for new recycling facilities10
  • An integrated platform for hazardous industrial waste treatment and disposal, through its subsidiary Global Environmental Management Services (GEMS)11

In terms of sustainability, SIRC invests in waste-to-energy (WtE) infrastructure, biochar production through biomass pyrolysis for carbon sequestration,12 and advanced incineration systems for hazardous waste treatment in line with global standards.13 Additionally, special features include digitized waste monitoring and tracking, as well as applied research and development to localize proven technologies to the Saudi Arabia.14

The initiative is managed and implemented by SIRC as a wholly owned subsidiary of the Public Investment Fund (PIF) and works with local subsidiaries such as Akam, Yadoum, Azyat, and Electa.15 Further, it collaborates with global partners including SUEZ for WtE,16 SABIC on chemical recycling,17 and Aramco and TotalEnergies on sustainable aviation fuel assessment.18

Currently, the project is operational, with milestones such as the opening of Riyadh’s first construction and demolition waste recycling facility in July 2020, capable of processing 600 tons per hour at a 90 percent recycling rate.19 SIRC also treats about 400 tons of industrial waste annually, with services extending across more than 65 Saudi cities.20 By 2030, it is expected to process 35 million tons of waste, and by 2035 it expects divert 85 percent of industrial waste from landfills.21

Project Link, Endnotes and References

Related Projects

Related Publications

footerpdf