The Saudi Investment Recycling Company (SIRC) is a wholly owned subsidiary of the Public Investment Fund (PIF) of Saudi Arabia.
Headquartered in Riyadh, the company was founded in 2017 to develop, own, operate, and finance various activities across all waste types to establish recycling capacities in the Kingdom and build a circular economy for a sustainable future.
Through its achievements, SIRC will help meet and exceed the objectives of the Vision 2030 and support the success of various initiatives identified by the revised Waste Management National Regulatory Framework.
We engage society, build local capabilities, and enable the private sector through establishing and developing the waste management sector, to lead the circular economy of Saudi Arabia.
To be the National Waste Management champion, driving the circular economy for a sustainable society.
We engage society, build local capabilities, and enable the private sector through establishing and developing the waste management sector, to lead the circular economy of Saudi Arabia.
To be the National Waste Management champion, driving the circular economy for a sustainable society.
Chairman
Saudi Investment Recycling Company (SIRC) is wholly owned by the Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund. SIRC was established in 2017 to support achieving the Kingdom’s Vision 2030 environmental and sustainability objectives through advancing waste management, promoting recycling, conserving natural resources, and shifting to a circular economy.
The company will pursue business opportunities across all segments of the waste management value chain through establishing alliances with domestic partners, attracting foreign investments and promoting the utilization of innovative technologies; to maximize waste recycling, minimize waste disposal, maximize value generated from waste utilization, protect the environment, and improve the quality of life.
SIRC is committed to the continuous development of its employees, pursuit of excellence in its operations, and adherence to high environmental and safety standards in all its activities. The company will be actively engaged with the community to raise awareness and promote environmental stewardship.
CEO
Since its inception, SIRC has achieved exceptional growth and progress. And as we embark on this new year, we remain on our mission and purpose of driving the Circular Economy in the Kingdom for a sustainable society.
2020 was a year of transformation and perseverance for everyone; the pandemic has revealed the weaknesses and fragility of the current linear economic model and how important it is to have sustainability at the core of everything we do.
That is why SIRC remains committed now more than ever to achieve the ambitious recycling targets of Vision 2030, including 81% of the total Municipal Solid Waste by 2035 in order to set a regional and global benchmark.
Our focus is to develop and operate innovative recycling projects that increase the rate of diversion from landfills, boost the recovery of raw materials, and upgrade the waste management sector, while complying with the highest environmental standards.
As we take great strides to become the national waste management champion, we make sure to adopt the best integrated waste management solutions that contribute to the government’s strategic goal of protecting the environment by reducing, reusing, and recycling waste.
On behalf of SIRC, I invite you to explore our website and social media platforms to learn more about our initiatives, projects, and plans that will pave the way for a sustainable Circular Economy model and a better future for the Kingdom.
Since its inception, SIRC has achieved exceptional growth and progress. And as we embark on this new year, we remain on our mission and purpose of driving the Circular Economy in the Kingdom for a sustainable society.
2020 was a year of transformation and perseverance for everyone; the pandemic has revealed the weaknesses and fragility of the current linear economic model and how important it is to have sustainability at the core of everything we do.
That is why SIRC remains committed now more than ever to achieve the ambitious recycling targets of Vision 2030, including 81% of the total Municipal Solid Waste by 2035 in order to set a regional and global benchmark.
Our focus is to develop and operate innovative recycling projects that increase the rate of diversion from landfills, boost the recovery of raw materials, and upgrade the waste management sector, while complying with the highest environmental standards.
As we take great strides to become the national waste management champion, we make sure to adopt the best integrated waste management solutions that contribute to the government’s strategic goal of protecting the environment by reducing, reusing, and recycling waste.
On behalf of SIRC, I invite you to explore our website and social media platforms to learn more about our initiatives, projects, and plans that will pave the way for a sustainable Circular Economy model and a better future for the Kingdom.