{"id":27228,"date":"2022-09-12T16:19:28","date_gmt":"2022-09-12T13:19:28","guid":{"rendered":"https:\/\/sa.mashroo3k.com\/opportunity\/wire-recycling-plant\/"},"modified":"2025-02-07T22:32:16","modified_gmt":"2025-02-07T19:32:16","slug":"wire-recycling-plant","status":"publish","type":"opportunity","link":"https:\/\/sa.mashroo3k.com\/en\/opportunity\/wire-recycling-plant\/","title":{"rendered":"Wire recycling plant"},"content":{"rendered":"\n<div class=\"wp-block-tornado-description-sec alignfull content-card study-benifites\"><div class=\"row \"><div class=\"col-12 col-m-4\"><img decoding=\"async\" src=\"https:\/\/sa.mashroo3k.com\/wp-content\/uploads\/2022\/09\/Artboard-08.jpg\" alt=\"\" class=\"fluid\"><\/div><div class=\"col-12 col-m-8 rich-content\"><h2><\/h2><p>Investing in the <strong>electrical wire recycling plant<\/strong>project <strong>in Saudi Arab<\/strong>ia represents an investment opportunity during 2022, especially in light of the Kingdom of Saudi Arabia&#8217;s 2030 vision to advance the national economy, strengthen the components of the non-oil economy, and seek to occupy a distinguished position among global economies.<\/p><p><strong>What is a wire recycling plant?<\/strong><\/p><p><strong>The Electric Wire Recycling Factory<\/strong> works on recycling electrical wires and damaged cables, to extract copper and remanufacture and form it again in the form of wires ranging in thickness from (0.6 mm: 1.6 mm). The <strong>electric wire recycling plant <\/strong>will be a great investment opportunity due to the increased demand for its products, and the need of many modern industries for copper as an essential element in them.     <\/p><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-tornado-description-sec alignfull content-card study-benifites\"><div class=\"row row-reverse\"><div class=\"col-12 col-m-4\"><img decoding=\"async\" src=\"https:\/\/sa.mashroo3k.com\/wp-content\/uploads\/2022\/09\/07-%D8%A7%D9%84%D9%82%D9%8A%D9%85%D8%A9-%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9-%D9%84%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D9%86%D8%AD%D8%A7%D8%B3_.jpg\" alt=\"Global Copper Market Indicators\" class=\"fluid\"><\/div><div class=\"col-12 col-m-8 rich-content\"><h2>Global Copper Market Indicators<\/h2><p><span>In 2020, it was estimated that   <\/span><strong>The value of the global copper market<\/strong><span>is expected to expand to $271.9 billion, and the industry is expected to expand to <\/span><strong>global copper market<\/strong><span>  to USD 363 billion by 2027 at a CAGR of 4.21% during the period (2021-2027). <\/span><\/p><\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-tornado-description-sec alignfull content-card study-benifites\"><div class=\"row row-reverse\"><div class=\"col-12 col-m-4\"><img decoding=\"async\" src=\"https:\/\/sa.mashroo3k.com\/wp-content\/uploads\/2022\/09\/08.jpg\" alt=\"Why a Electrical Wire Recycling Plant in Saudi Arabia?\" class=\"fluid\"\/><\/div><div class=\"col-12 col-m-8 rich-content\"><h2>Why a Electrical Wire Recycling Plant in Saudi Arabia?<\/h2><p>Mashroo3k Consulting highlights that establishing an <strong>electrical wire recycling plant<\/strong> in Saudi Arabia presents a <strong>strategic investment opportunity<\/strong>, supported by strong industrial growth and increasing demand for recycled materials.<\/p><p><strong>Key Supporting Indicators:<\/strong><\/p><p>The number of factories in Saudi Arabia has reached <strong>10,675<\/strong> (<strong>9,052 operational<\/strong> and <strong>1,623 under construction<\/strong>).<\/p><p>Total capital investment in Saudi factories amounts to approximately <strong>1.36 trillion SAR<\/strong> (<strong>1.295 trillion SAR in operational factories<\/strong> and <strong>66.75 billion SAR in under-construction factories<\/strong>).<\/p><p>The total <strong>licensed workforce<\/strong> in Saudi factories is <strong>1,047,174 workers<\/strong> (<strong>980,694 in operational factories<\/strong> and <strong>66,480 in under-construction factories<\/strong>).<\/p><p>The number of factories in the Kingdom grew by <strong>15.9% in just two years (June 2020 \u2013 June 2022)<\/strong>.<\/p><p>According to the International Trade Center, Saudi Arabia\u2019s copper and copper product imports amounted to $2.36 billion.<\/p><p>The Kingdom\u2019s <strong>copper wire imports grew at an average annual rate of 14.8% between 2015 and 2021<\/strong>.<\/p><p>For more details on the latest <strong>economic indicators, investment opportunities, and key funding sources<\/strong> for successful projects in Saudi Arabia, contact the <strong>Investor Support Team at Mashroo3k Consulting<\/strong>.<br\/><\/p><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":25408,"template":"","opportunity-categories":[1394,1397],"opportunity-tags":[1399],"yst_prominent_words":[],"class_list":["post-27228","opportunity","type-opportunity","status-publish","has-post-thumbnail","hentry","opportunity-categories-industrial-sector","opportunity-categories-recycling-sector","opportunity-tags-wire-recycling-plant"],"_links":{"self":[{"href":"https:\/\/sa.mashroo3k.com\/en\/wp-json\/wp\/v2\/opportunity\/27228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sa.mashroo3k.com\/en\/wp-json\/wp\/v2\/opportunity"}],"about":[{"href":"https:\/\/sa.mashroo3k.com\/en\/wp-json\/wp\/v2\/types\/opportunity"}],"version-history":[{"count":2,"href":"https:\/\/sa.mashroo3k.com\/en\/wp-json\/wp\/v2\/opportunity\/27228\/revisions"}],"predecessor-version":[{"id":27398,"href":"https:\/\/sa.mashroo3k.com\/en\/wp-json\/wp\/v2\/opportunity\/27228\/revisions\/27398"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sa.mashroo3k.com\/en\/wp-json\/wp\/v2\/media\/25408"}],"wp:attachment":[{"href":"https:\/\/sa.mashroo3k.com\/en\/wp-json\/wp\/v2\/media?parent=27228"}],"wp:term":[{"taxonomy":"opportunity-categories","embeddable":true,"href":"https:\/\/sa.mashroo3k.com\/en\/wp-json\/wp\/v2\/opportunity-categories?post=27228"},{"taxonomy":"opportunity-tags","embeddable":true,"href":"https:\/\/sa.mashroo3k.com\/en\/wp-json\/wp\/v2\/opportunity-tags?post=27228"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/sa.mashroo3k.com\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=27228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}