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The MoU aims to explore potential investment opportunities in the waste management and recycling sector in Saudi Arabia. (AFP)
  • They will explore joint options for adopting technology and ideal recycling solutions, activating operational activities in the waste sector.
  • Through this and other MoU, SIRC Group seeks to activate the circular economy initiative to achieve the goals and programs of the Kingdom's Vision 2030.

Riyadh, Saudi Arabia–The Saudi Investment Recycling Company (SIRC) has signed a joint memorandum of understanding with the Abu Dhabi Waste Management Company (Tadweer) to explore potential investment opportunities in the waste management and recycling sector in the kingdom.

They will explore joint options for adopting technology and ideal recycling solutions, activating operational activities in the waste sector and feasible solutions for treating municipal solid waste and converting it into energy, relying on trained human resources and capabilities with attention to awareness in the recycling and waste sector, SPA reported.
The MoU aims to exchange studies and research that would enhance aspects of cooperation that contributed to the achievement of the Saudi Green Initiative to enhance sustainability and preserve the environment.
Through this and other MoU, SIRC Group seeks to activate the circular economy initiative to achieve the goals and programs of the Kingdom’s Vision 2030.