Establishing a smart waste management facility in Saudi Arabia integrating
sensor-equipped smart bins, real-time monitoring systems, GPS-optimized
collection routes, and localized manufacturing of IoT waste-management
hardware.
The project aims to support the Kingdom’s transition toward sustainable, data-driven
urban services while addressing the inefficiencies of traditional waste-collection
models and responding to the rapid expansion of Saudi smart cities.
Key details
Investment Size :
USD 20 million
Capacity :
Smart-bin and IoT device production plus fleet optimization for major
municipalities
Technology Scope :
Smart bins, fill-level sensors, GPS-enabled route-optimization
software, data analytics, and IoT maintenance center
Local Integration :
Assembly and production of sensors and smart-bin components
to increase localization ratios
Expected Returns :
Internal Rate of Return (IRR): 25%
Cumulative Cash Flow (10 years): USD 42 million
Payback Period: Approximately 6 years
Impact :
Job Creation : 510 positions across engineering, operations, and maintenance
GDP Contribution : USD 309 million in direct GDP over project lifetime