The Electrical Wire Recycling Plant is an industrial facility extracting copper and aluminum from old and damaged wires, and then the process of remanufacturing and reshaping. The electrical wire recycling process involves several phases, starting with the collection of electrical wires, going through the separation of materials from each other, and finally reaching the remanufacturing process. The plant preserves the environment, creates new job opportunities, and enhances local economic growth. Mashroo3k for Economic Consulting confirms the economic feasibility of the project due to the increasing demand for the project’s products, the availability of raw materials, the low cost of production, and government support for recycling projects.
The Electrical Wire Recycling Plant is an industrial facility extracting copper and aluminum from old and damaged wires, and then the process of remanufacturing and reshaping. The electrical wire recycling process involves several phases, starting with the collection of electrical wires, going through the separation of materials from each other, and finally reaching the remanufacturing process. The plant preserves the environment, creates new job opportunities, and enhances local economic growth. Mashroo3k for Economic Consulting confirms the economic feasibility of the project due to the increasing demand for the project’s products, the availability of raw materials, the low cost of production, and government support for recycling projects
Mashroo3k for Economic Consulting is pleased to provide specialized services to investors interested in investing in the Electrical Wire Recycling Plant by assessing the economic feasibility of the project and its implementation. Our services are comprehensive and integrated as they analyze the whole aspects of the project, including the marketing, technical, financial, and administrative aspects due to our vast database which enables us to analyze the market indicators and predict future requirements
Fine wires
Medium wires
Thick wires
Pure copper wires
Galvanized copper wires
Pure aluminum wires
Galvanized aluminum wires
Recycling raw materials
Executive Summary
Project Service/Product Study
Market Size Study
Study of Risks
In recent years, Saudi Arabia has turned its attention to the recycling sector, recognizing its importance in achieving the goals of Vision 2030 and its potential to drive the economy towards sustainable development. In 2017, we witnessed the establishment of the Saudi Investment Recycling Company (SIRC), supported by the Crown Prince himself, with the hope of saving billions of riyals lost annually from the Kingdom’s treasury due to the lack of attention to recycling industries. These lost funds have been approximately estimated to range between 30 billion and 70 billion SAR.
To reassure our clients about investing in this sector, we will present here the most important indicators and results of the sector according to the latest statistics available to us:
Mashroo3k affirms that the volume of waste in Saudi Arabia now exceeds 45 million tons annually. With the Kingdom determined to increase the recycling rate from 1% to 80% by 2035, the company believes that investing in this vital sector will be highly profitable. Regarding the prospects of the recycling and energy industry, we can mention the following:
Mashroo3k for Economic Consultancy and Market Research emphasizes that recycling is one of the promising sectors in Saudi Arabia, and its projects will present genuine investment opportunities, especially as the Kingdom moves towards a green economy. Environmental preservation has become a top priority for the wise leadership, as clearly reflected in Vision 2030.
