mashroo3k Consulting offers a feasibility study for a compressed charcoal manufacturing factory project, ensuring the highest profitability and the best payback period. This is achieved through detailed studies of the industrial sector in Saudi Arabia, analysis of local and international competitors’ strategies, and the ability to provide competitive pricing offers.
The compressed coal factory project is one of the projects that attract the attention of the Saudi government and funding agencies in Saudi Arabia, in light of the Saudi government’s vision to activate Vision 2030. Because compressed coal is a close friend of the environment, unlike traditional coal, compressed coal depends on getting rid of waste from the production and trading of natural coal. It is also used in many industries, such as the incense industry, due to its ability to absorb various perfumes and odors.
Consultants at Mashroo3k Economic Consulting Company point out that the diversity of sectors in which the compressed coal factory contributes makes it an attractive option for investors wishing to invest in the Kingdom of Saudi Arabia, in light of the state’s policies to revive the industrial sector, with the possibility of developing the factory’s production lines, according to the latest international standards, which increases its opportunities for export and contributes to other important sectors. Like this: Transportation companies, power plants.
Compressed charcoal is manufactured from unused natural coal residues, or from wood waste, using multiple machines. Compressed charcoal is produced in several shapes: cylindrical, or square. mashroo3k Company for Economic Consulting provides investors wishing to invest in a compressed charcoal factory project in Saudi Arabia, A range of specialized feasibility studies. It is based on up-to-date databases specific to the Saudi market. What makes a project successful. and maximize profitability. And the best payback period, by analyzing the strategies of local and foreign competitors, and providing competitive quotes.
Saudi Arabia has paved the way for development through its ambitious Vision 2030, which aims to diversify the economy, advance non-oil sectors, and increase the contribution of the private sector to the GDP. This goal cannot be achieved without the growth of industry and mining, as they serve as fundamental pillars of major economies. The Kingdom is committed to increasing their contribution to its GDP by approximately 15%.
When discussing the industrial sector in Saudi Arabia, it is essential to acknowledge that it is not a recent development but has deep roots dating back to the discovery of oil in the late 1930s. Over the decades, the Kingdom has spared no effort in advancing its industries. This commitment led to the establishment of the Industrial Development Fund (1974), the Royal Commission for Jubail and Yanbu (1975), and later, the Saudi Basic Industries Corporation (SABIC) in 1976. The contributions of these institutions and the programs they have implemented have played a crucial role in the growth and modernization of the industrial sector.
As a result of years of dedicated efforts, the number of factories in Saudi Arabia has now exceeded 10,000.
At Mashroo3k, we firmly believe in the importance of the industrial sector and its role in driving economic progress. Below, we present key industry indicators to provide potential investors with a clear and informed perspective