SIRC FACT SHEET

Company OverviewThe 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 act as the national sector development initiative in the waste management sector. SIRC is at the forefront of driving the Kingdom’s circular economy by achieving an ambitious overall recycling target of 81 percent by 2035.

The company has started to develop, own, operate and invest in various activities across all waste types, to establish recycling capacities in the Kingdom.

Who We Are Our Vision: To be the national waste management champion, driving the circular economy for a sustainable society.

Our Mission: We engage society, build local capabilities and enable private sectorthrough establishing and developing the waste management sector, to lead the circular economy of Saudi Arabia.

Our ObjectivesBy 2035 the Kingdom will earn its position among the world's leading recycling countries.

23,000AdditionalDirect Jobs

13 m tonsReduction of CO2

6bnForeign Direct

Investments

SAR 37bnGDP

Contribution

Electronics

Tires

Plastic to Chemical

Composting

Clean MRF

Business Lines System Integration

Construction andDemolition Waste

Waste-to-Energy

Engineering

Procurement

ConstructionManagement

Digitization

Municipal البلديات Recycling التدوير Engineering الهندسة

MedicalWaste

Mining Waste

InternationalExpansion

Industrial الصناعية

Ind. Haz. Waste Co.

KSA – UAE – India 90 FTE sta�

Partnerships with private sector

Market leader in the ME 1,850 FTE Sta�

Exclusive partnerships with Amanahs

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