To provide a papermaking device capable of drying wet paper under optimum conditions even when a conveyance speed for the wet paper is changed, and a waste paper recycling apparatus including the papermaking device.

A papermaking device M comprises: a papermaking mesh 54 for making wet paper 10 from a pulp suspension supplied from a headbox 4; conveyor belts 61 and 71 for conveying the wet paper 10 transferred from the papermaking mesh 54; heating means 86 for heating and drying the wet paper 10 conveyed by the conveyor belts 61 and 71; speed setting means 15 for setting a conveyance speed of the wet paper 10 made on the papermaking mesh 54; and control means for controlling a heating temperature of the heating means 86 on the basis of setting of the speed setting means 15.