Posted: September 14th, 2017

International project finance

International project finance

Recycling and its impact and risk on urban societies, and the implementation of its regulation in Saudi Arabia )

 
The research will explain the importance of having a project that will safe for any community billions of dollars. From collecting waste and refuse of private, public and business sectors through waste management solutions into a new available sources that can be used again and again. However, the point of concern arise here that is threaten the services is whether the targeted users of the system would apply its rules and regulation as required by the institution. Rather than saying that what the servies would benefit its appliers financially? In fact, by offering sustainable waste management solution to the public, it would make it easier for the community to be involved in a project that will lead to waste treatment and industrial services, which will provide a healthier life style and increasing in the financial market. The project is aiming to environmental services that are helping the environment to reduce the amount of using energy and generate a wide range of employment opportunities.
However, there are recycling’s industries still behind the world class practices in Saudi Arabia and the possible reason could be as follow:
Limitations of landfill usage should be created that prevent any wastes that could be recycled and take advantage of it. Although it is written clearly in the environment agency directive, the need of essential collaboration with cities’ authorities to apply it is important
Although there are some campaigns in different locations,
There is a lack of economic awareness that some recyclable items that go to the landfills by organizations like from furniture manufacturers are valuable.
There should be more encouragement for recycling by the Industrial Developing Fund.
Overcoming these obstacles does not require much effort or huge investment. However, it calls for some legislations and organization to be done by different influential agencies including commercial and government sectors

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