RIYADH: New investment opportunities have been announced by the National Center for Vegetation Cover Development and Combating Desertification.

These focus on recycling reclaimed firewood from logging violations and managing invasive plant species by converting them into alternative economic products, said a press statement released on Thursday.

The aim is foster public-private collaboration in addressing environmental challenges, generate economic value from reclaimed wood and invasive trees, and drive innovative solutions that support both environmental sustainability and economic growth.

The initiative will also contribute to the long-term preservation of forests, rangelands and natural ecosystems while creating job opportunities. 

Associations, companies and government entities specializing in recycling, craftsmanship, manufacturing, organic products, construction and transformative industries are invited to apply via the NCVC website.

Applications are open until mid-February. Investors must adhere to environmental regulations and executive bylaws on logging violations which prohibit the direct use or resale of firewood as fuel.

“As part of its commitment to sustainable development, the center continues to offer both long term and seasonal investment opportunities to expand vegetation cover, support afforestation projects, conserve natural resources and enhance quality of life,” said the press release.