The project’s idea is to establish a paper recycling plant in Iraq, where waste paper is collected and recycled for various purposes. This process protects the environment by reducing waste volume, conserving tree pulp and water, and limiting greenhouse gas emissions such as methane and carbon dioxide.
Mashroo3k Company recommends starting a paper recycling plant project in Iraq as an investment opportunity, especially since in 2021, Iraq’s total imports of paper and cardboard amounted to approximately $484.6 million.
In 2021, the global paper recycling market was valued at approximately USD 47.5 billion and is expected to grow at a CAGR of 4.3%, reaching a market value of USD 58.6 billion by 2026.
In 2021, Iraq’s total paper and cardboard imports amounted to approximately $484.6 million, and imports are expected to reach $704.9 million by 2026. Therefore, Mashroo3k Consulting recommends investing in a paper recycling plant project.
