It is a center that provides services to businessmen, as the center provides office and hall rental services and administrative development services through offices and halls equipped at the highest level.
The project involves establishing a business center that provides a range of services for entrepreneurs, including office and meeting room rentals as well as administrative development services through fully equipped, high-standard facilities. The business center targets entrepreneurs, managers, lawyers, project owners, seasonal businesses, startups, and private tutors. The center aims to build relationships with its target customers through mutually beneficial partnerships and offers its services via its website and social media platforms. Additionally, the center will form partnerships with consultants, programmers, designers, and training and development centers. The business center is committed to delivering top-quality services and offering competitive advantages to its target sectors to stand out from competitors.
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).