It is a blacksmith workshop, where the project manufactures doors, gates, windows and railings made of iron and provides welding and repair services, due to the multiple uses of these products, as the products of the blacksmith workshop are used in all civil works such as building factories, companies, homes and other uses.
A blacksmith workshop project involves establishing a facility for manufacturing iron doors, gates, windows, and railings, as well as providing welding and repair services. These products are highly versatile and are used in various civil works, including the construction of factories, companies, homes, and more. The workshop targets multiple sectors such as construction, contracting, and individual clients. The project aims to meet the high local market demand for blacksmith products, driven by the rapid development in the construction sector and future infrastructure projects. Establishing a blacksmith workshop presents a significant investment opportunity with high economic returns. Additionally, the project seeks to cover the local market, replace imports with locally produced goods, and secure a distinguished position in the market by focusing on product quality and competitive pricing.
Executive Summary
Study of project services/products
Market size study.
Risk assessment study.
Technical study
Financial study.
Organizational and administrative study.
The service sector does not rely on raw materials or goods for sale; rather, its activities are centered around providing intangible services.
Like this: Transportation services, hospitality services, healthcare services, and others. This sector is considered the main driver of major economies; for example, in the United States, the service sector accounts for 85% of the GDP. As for the service sector in Saudi Arabia, statistics and indicators confirm its contribution of about 48.02% to the GDP. This vital sector includes five main activities. Namely:
The Gross Domestic Product (GDP) in Saudi Arabia reached 2,625,442 million SAR, with the “Wholesale and retail trade, restaurants, and hotels” sector contributing approximately 10.8% (284,579 million SAR).
Contributes approximately 6.6% (172,304 million SAR).
The Financial, Insurance, Real Estate, and Business Services sector contributes approximately 6.4% (SAR 377,725 million) to the Gross Domestic Product (GDP).
This sector contributes approximately 2.5% (SAR 65,729 million) to the Gross Domestic Product (GDP).
It contributes 21.9% (SAR 576,089 million) to the Gross Domestic Product (GDP).
