Saudi Arabia to Produce 100 Mln Tons of Waste by 2035

Investment opportunities to be offered by the Saudi waste management sector over coming years. (Asharq Al-Awsat)
Investment opportunities to be offered by the Saudi waste management sector over coming years. (Asharq Al-Awsat)
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Saudi Arabia to Produce 100 Mln Tons of Waste by 2035

Investment opportunities to be offered by the Saudi waste management sector over coming years. (Asharq Al-Awsat)
Investment opportunities to be offered by the Saudi waste management sector over coming years. (Asharq Al-Awsat)

A Saudi research paper has predicted that around 106 million tons of waste will be produced by the Kingdom by 2035. A labor force of 77,000 workers and around 1,329 facilities and landfills are needed to manage the waste.

The findings of the study were reviewed by CEO of the Saudi Waste Management Center Dr. Abdullah Al Sebaei during a meeting organized by Asharqia Chamber on Monday.

Sebaei noted that the waste management sector in Saudi Arabia continues to offer attractive investment opportunities.

The greatest challenge facing it is found in the production and storage branches of the sector, he added.

More so, the study goes over the six main stages of developing the Kingdom’s waste management sector.

According to researchers, the current stage involves analysis on multiple levels, followed by drafting a regulatory system and attracting investors.

“There is a lack of control and supervision in the various stages of the value chain, a lack of general environmental awareness at the level of individuals and waste producers, and a lack in human qualifications and experiences in the workforce in the sector,” said Sebaei, stressing that the recycling sector is unorganized.

Furthermore, he remarked that the participation of the private sector remains limited.

Farah al-Gharib, a member of Asharqia Chamber’s environmental committee, told Asharq Al-Awsat that real awareness must be raised among investors around the material and developmental benefits of investing in the waste management sector.

Saudi Arabia has carried out a number of structural economic reforms and launched a group of emerging sectors that included waste management which aims at achieving integrated economic and environmental sustainability.

The waste management sector is being developed through increasing its efficiency, establishing comprehensive projects for recycling and reducing all types of pollution.



Saudi Arabia Unveils Extensive Mineralized Belts for Exploration Firms

Saudi Arabia’s Ministry of Industry and Mineral Resources is inviting local and international companies to participate in the Exploration Licensing for launched mineralized belts (Reuters)
Saudi Arabia’s Ministry of Industry and Mineral Resources is inviting local and international companies to participate in the Exploration Licensing for launched mineralized belts (Reuters)
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Saudi Arabia Unveils Extensive Mineralized Belts for Exploration Firms

Saudi Arabia’s Ministry of Industry and Mineral Resources is inviting local and international companies to participate in the Exploration Licensing for launched mineralized belts (Reuters)
Saudi Arabia’s Ministry of Industry and Mineral Resources is inviting local and international companies to participate in the Exploration Licensing for launched mineralized belts (Reuters)

Saudi Arabia's Ministry of Industry and Mineral Resources has unveiled its largest mineralized belts to date, spanning 4.7 thousand square kilometers and including five new exploration licenses.
The Ministry is inviting major mining and exploration companies to participate in the current Exploration Licensing Rounds, aiming to unlock the extensive mineral wealth of these belts.
The Ministry’s spokesperson, Jarrah Al-Jarrah, emphasized that this initiative underscores Saudi Arabia’s commitment to strengthening its mining and minerals sector and creating investment opportunities.

The five available exploration licenses are part of the Ministry’s strategy to boost exploration investment and support Vision 2030 objectives, which aim to position mining as a key industry in the Kingdom.
These licenses cover significantly larger areas than previous rounds and are targeted at high-net-worth companies with developed base and precious metal mines.
Saudi Arabia is seeking investors capable of exploring and discovering large, tier-1 deposits within approximately 1,000 square kilometers of exploration licenses. The Kingdom’s infrastructure and competitive financing options make it well-positioned to develop new tier-1 sites.
The Ministry is inviting local and international companies to participate in the Exploration Licensing for the following mineralized belts:
- Jabal Sayid: Three exploration licenses covering 2,892 square kilometers. The belt contains copper, zinc, lead, gold, and silver.
- Al-Hajjar: Two exploration licenses at the Wadi Shwas VMS Belt, covering 1,896 square kilometers. This site holds deposits of gold, silver, copper, and zinc.
Al-Jarrah highlighted that Jabal Sayid and Al-Hajjar are the largest mineralized belt sites ever launched by the Kingdom.
The bidding process for the exploration licenses will be transparent and conducted in stages, beginning with pre-qualification from July to October 2024.
Qualified bidders will then submit technical proposals and social and environmental impact management plans by December 2024, with the winners announced and licenses granted in January 2025.