The project is to establish and equip an entertainment complex for all age groups. The complex offers many entertainment activities and services, including: (3D electronic games – Coins games – Trampoline games – Entertainment house – Drawing house – Racing track – Bowling alley – Corners for developing abilities – Restaurants – Coffee shop – Sweets and popcorn corner – Parking lot – ATM machines – Shops – Outdoor coffee kiosks – Halls for small parties).
The project is built on an area of ten thousand and one hundred square meters, and serves different segments of society. The complex offers many different entertainment activities and services, including: electronic games, coin games and various games such as: (trampoline – entertainment house – drawing house – racing track – bowling alley, corners for developing abilities.. etc.). The project also includes restaurants to serve fast food and a coffee shop to serve various drinks in addition to coffee, in addition to a corner to serve popcorn and dumplings. The project provides parking spaces, ATM machines, as well as external coffee kiosks and shops on the facades to be used by renting them as restaurants. The project works to make optimal use of the roof; by opening it as a hall; to host small parties, birthdays and other social events. We would like to draw attention to the fact that the project is characterized by large green spaces, and let’s not forget that it targets different age groups from 5 years old to 60 years old. For your information, this category represents 86% of society and is growing at a rate of 52.2%; therefore, the project is highly profitable.
Executive Summary
Study of project services/products
Market size study.
Risk assessment study.
Technical study
Financial study.
Organizational and administrative study.
After many years of relying on oil and gas, the Kingdom of Saudi Arabia announced its alternative plan and ambitious Vision 2030 program, aiming to diversify national income sources and ensure sustainable development. Therefore, it was not surprising that the state dedicated its efforts and resources to supporting non-oil economic sectors to develop, enhance their efficiency, and increase their contribution to the gross domestic product. We have witnessed how Saudi Arabia provided the success factors for these sectors, achieving its goals. The continuous financial indicators and statistics have repeatedly proven the feasibility of the path the Kingdom has committed to since April 2016. At the forefront of the sectors that the Kingdom has given special attention to is the entertainment sector. To support its growth, Saudi Arabia established the General Entertainment Authority and the Saudi Entertainment Ventures Company (a subsidiary of the Public Investment Fund). Additionally, the Kingdom recently introduced incentive laws and new regulations aimed at opening the door for the private sector to actively contribute to the development of this promising industry.
As a result of these efforts, Saudi Arabia has achieved significant gains, attracting billions of dollars from both domestic and international investors. Over just four years, more than 46 million people attended entertainment events, while the number of event days surpassed 26,000. Furthermore, the sector successfully created 101,000 job opportunities for Saudi youth, both men and women. And because “Mashroo3k” Consulting for economic advisory and market research always backs its statements with verified data, we will present below the key indicators, statistics, and data of the entertainment sector. This will provide you with a clear picture of its feasibility and reassure you about the investment potential it holds.