COURSE: ENTREPRENEURSHIP BUSI4261 Section: 101 Assignment 1 Group: Al Khalaf, Bassem Al Nemer, Mustafa Al Dawas, Tameem Al Qassab, Mohammad AL SAHAN, FAWAZ Instructor: Dr. Osama Al-Kwifi Company Description Vision Statement Clean City will become a leading recycling company in Eastern Province of the Kingdome of Saudi Arabia. It will provide solutions needed for municipalities and people. Clean City will increase awareness and motivation for recycling in Saudi Arabia. It is our goal to make recycling a habit in the community of Saudi Nation. Mission Statement Clean City is a firm that provides services in the recycling industry. We are so professional to providing nations an outstanding services in a clean and friend to the environment. Objectives To encourage Saudi Nation in believing in recycling concept. To provide a clean environment. To provide raw material from wasting. To make Eastern Province people modern nations. To make Eastern Province area the most cleaning area of Saudi Arabia. Why? Recycling is important for many reasons. Often we promote recycling as a way to keep waste out of landfills. It is also important to remember that recycling recovers valuable raw materials. If we make aluminum cans from recycled cans, then we don't have to disturb the environment to mine aluminum. Finally, recycling reduces pollution and saves energy that would have been used when making product from 'virgin' or un-recycled raw materials Industry Analyze The domestic waste landfill in Riyadh received more than 3.5 million tones of diverse kinds of waste over the first six months this year. Organized commercial and domestic waste reached 1.4 million tones while other waste inclusive construction ruins reached 2.1 million tones. According to sources at Riyadh city hall, the landfill is allowed to receive only solid waste while medical, industrial and hazardous waste is sent away. So what happens to the medical, industrial and construction waste? It’s obvious that Riyadh has facilities that are 1 taking in these three categories of waste to be processed and converted into recycled products. Recycling as an industry is gaining ground for two reasons: economic and environmental. It is one of the best waste management methods that reduce the need for land filling and incineration and turns materials that would otherwise remain as waste into valuable resources. Moreover, it offers commercial gains as the world turns more and more to using recycled plastic, and paper in the packaging of consumer goods. While recycling of all kinds of waste has mature in general, recycling of particular materials like paper, PET plastic, aluminum soft drink cans, steel packaging and main appliances is more on the growing. Construction and demolition waste recycling is also another zone of growth. While the recycling industry across Europe is a grown one, the Middle East in compare can be said to be in a resultant stage. However, this bodes well for entrepreneurs who wish to enter into the region’s recycling industry and also for suppliers of waste management technologies, waste management service providers and waste management equipment suppliers. According to the World Bank estimates, tens of billions of dollars will be invested in the waste management and environmental sectors in the Middle East over the next 10 years. Amid this mounting concern for the environment, the market for waste management technologies and products in Saudi Arabia is growing rapidly. The 2nd globally Recycling and Waste Management display in Riyadh, Saudi Arabia which was held from 1-4 November 2009 at the Riyadh global Exhibition Center was an eye-opener to the widespread recycling business sitting in Riyadh. It also served as an index of the potential for more rise in one of the busiest cities of the giant kingdom. Riyadh is prioritizing industrial expansion over the development of economic and industrial cities like the King Abdullah Economic City, a move that will encourage and strengthen investor interest in the other cities. Ever since the King Abdullah Economic City was launched near Jeddah in December 2005, Riyadh has revealed the mammoth scale of its ambitions by unveiling a series of mega-city projects that include five other economic cities and several huge industrial clusters such as the $40bn Sudair Industrial City in the north of Riyadh. They put their sights on being in the top of five best countries in the global in which to do business in future. The kingdom has worked hard to get up the World Bank’s Doing Business union, growing 17 places to 16th since 2007.It is a given truth that a growth in GDP registers 2 a growth in consumer spending which gives growth to more waste. It is the same with industrialization and civilian rise which increases levels of defilement and waste. Saudi Arabia’s annual garbage production has reached 12 million tones, with each citizen producing an average of 1.4 kilograms of waste per day, making the kingdom look for more effective and advanced recycling and waste management solutions. Clean Middle East was able to understand and analyze Riyadh’s waste management and recycling industry. The presence of many big waste management service providers for the collection and transportation of municipal, such as Abdullah Al-Khodary Sons Co., Al Fahhad and Sons Co., Al Yamama Group of also voiced their satisfaction of doing good business in the kingdom. Organization like Gulf Waste transformation and Recycling Company (GWPR), Refal Environmental Services Limited, Arab Paper Manufacturing Co., Saudi Recycling Co., all of which are giant organization take part in producing recycled paper products from paper waste, show a perfect footing of the paper recycling industry in the manufacturing cities of Dammam and Riyadh. Refal Environmental Services Limited, a role of the mass Obeikan Investment Group, collects waste paper which is then sent onwards to sister company Obeikan Paper Industries (OBI) to be recycled in order to produce duplex board of Companies, and Alwan Company, indicated the massive amount of municipal solid waste that is being generated in Riyadh alone. Al Fahhad and Sons Company undertakes city cleaning and waste disposal for some parts of Riyadh and is a major contractor in cities like Yanbu, Hail, Gazan, Qassim, etc. For mechanical and manual sweeping of streets, Alwan company roundabouts and unlock spaces and has cleaning scheme in the northern and southern areas of Jeddah, the southern section of the Jazan area and the Khashm Al Aan Residential City. As well engaged in waste grouping and elimination. Founded in 1955, Al-Khodary stands out as a company engaged in all sides of waste management, right from the gathering, hauling and disposal of household, municipal solid and hazardous waste to sorting, recycling and land filling of rejected waste. The company collects and disposes waste for the Riyadh and Dammam municipalities and the Municipality of Eastern Province. At present, Al-Khodary is involved in the third phase of the Dammam Landfill rehabilitation. A number of recycling companies present in Riyadh shows that recycling is big business in Riyadh. Clean Middle East was able to learn that there 3 were a lot of inquiries from entrepreneurs regarding paper and plastic recycling. On the other hand, companies involved in the trading of recycled paper and plastic were satisfied with the returns from their businesses. Companies involved in the trading of metal scrap, paper and plastic waste also voiced their satisfaction of doing good business in the kingdom. different from other GCC countries where waste management tools is import, in Saudi Arabia is growing enough to turned into a manufacturer’s market for such products. Riyadh-based Refuse Equipment Manufacturing(REM) started its operations in 1983 and today manufactures garbage compactors, container dumping machines, garbage dumpers for narrow areas, large dumpers, container and stationary compactors used for transfer stations, vacuum and jetting tanks, aerial lifts, hook lifts, garbage transfer stations, road sweepers, etc. 4
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