![Saudi Investment Recycling Company (SIRC)](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2021/10/04113101/10-Ziyad-Mohammed-AlShiha-1.jpg)
Saudi Investment Recycling Company (SIRC)
CEO: Ziyad Mohammed AlShiha
Country: Saudi Arabia
Date of establishment: 2017
SIRC, which is wholly-owned by Saudi’s Public Investment Fund, advances waste management by promoting recycling, the conservation of natural resources, and the creation of a circular economy in the kingdom. The company aims to recycle 81% of total municipal solid waste by 2035. It also aims to upgrade waste management systems in an effort to reduce CO2 emissions and help the sector attract $13.3 billion in direct foreign investment and contribute $32 billion to GDP by 2035.