Saudi new recycling plan to contribute $32bn – Report
Riyadh, Jan. 16, 2024: Saudi Arabia unveiled a recycling plan that would contribute 120 billion riyals (32 billion U.S. dollars) to its gross domestic product, local media reported.
The plan, involving the recycling of about 95 per cent of the country’s waste, is part of the initiatives proposed by the Saudi Ministry of Environment, Water and Agriculture.
The country would recycle up to 100 million tonnes of waste on an annual basis in a bid to achieve sustainability and create more than 100,000 job opportunities for citizens, the report said.
Currently, Saudi Arabia’s waste management covers around three to four per cent of the country’s total waste, the lowest globally, it said.
The report noted that the plan would boost the total waste rate to 95 per cent, especially after recognising that industrial and medical waste is posing an imminent hazard to the environment.