Recycling of waste has the prospects to promote industrial resource development, greater energy efficiency, cleaner production and improved manufacturing competitiveness by saving costs in materials and energy.
The Waste Management and Recycling sector is also known for its major potential to promote small, medium and micro enterprise (SMME) development and employment creation opportunities, through interventions such as organised waste collection systems, benefaction of waste as an input resource and manufacturing of new products from recyclables.
Waste collection, sorting and recycling can potentially create significant employment opportunities, reduce input material costs, protect human health and the environment, and promote industrial efficiency.
Investments in the waste management and recycling sector have shown a big growth globally and drawn the interest of investors.