JEDDAH: Saudi Arabia’s waste management sector is undergoing a structural transformation, positioning itself as a promising investment avenue.
The shift is driven by a modern regulatory framework, a national strategy aligned with Vision 2030, and environmental and economic targets.
The National Center for Waste Management, known as MWAN, told Al-Eqtisadiah that investment opportunities in the sector are estimated at about SR420 billion ($112 billion) by 2040, primarily targeting private sector participation.
According to MWAN’s licensing database, the number of licensed entities in the sector reached 1,348, with an additional 145 permits for recycling facilities, bringing the total number of investing companies to 1,493, underscoring the sector’s growing investment base and the diversity of activities.
Leap in treatment indicators, reduced landfilling
