World Bank Delegation Visits Saudi Investment Recycling Company: SPA

Sun Dec 17 2023
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RIYADH: A high-level delegation from the World Bank has visited the headquarters of the Saudi Investment Recycling Company, a wholly-owned subsidiary of the Public Investment Fund of Saudi Arabia, the Saudi Press Agency (SPA) reported on Saturday.

The Chief Executive Officer of the Saudi Investment Recycling Company (SIRC), Engineer Ziyad bin Mohammed Al-Shiha, and the executive management team received the delegation, which included representatives from the World Bank in some European, American, African and Asian nations, as well as the senior representatives of the bank in the Middle East and the Kingdom of Saudi Arabia, the SPA reported.

World Bank Delegation Visits Saudi Investment Recycling Company: SPA

According to the SPA, the delegation was briefed on the SIRC’s activities, its investment projects, and its subsidiary firms across several fields in the recycling and waste management field. The SPA added that this information was provided via a permanent exhibition at the main headquarters of the Saudi Investment Recycling Company.

They also carried out a tour of the Control and Command Center of the Marine Operations for Environmental Services, a subsidiary of the SIRC, the SPA added.

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Furthermore, the delegation held a meeting with the executive management for a detailed explanation of the plans, activities, and projects of the SIRC, its subsidiary firms, investment opportunities, and the group’s initiatives towards attaining sustainability, the SPA further said.
The SPA further said that the discussion also covered the concept of the circular economy and the targets of the “Saudi Green Initiative”.

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