The project is a factory for the production of stainless steel metal products, where the factory produces (stoves – chimneys – refrigerators – cabinets – handrails – tables – trolleys – sinks – food containers – spoons, knives and kitchen forks), using the latest machines and production lines used in the production process. The demand for the project’s products is characterized by increase and continuity, due to the increase in demand for stainless steel metal products in the targeted sectors represented by; (homes – hotels – restaurants – cafes – clubs – hotel apartments – hospitals – schools), therefore, by preparing a feasibility study for a metal products factory project, investing in the metal furniture sector is considered one of the great investment opportunities that achieve high economic and financial returns and is considered one of the projects with a good investment return.
Mashroo3k Company for Feasibility Studies and Business Plans provides a feasibility study for a metal products factory project from the marketing, technical and financial aspects, and works on analyzing the main idea of the project, its components, nature and scope. Its team also studies and analyzes the market size, competitors, types of products offered by the factory, and the marketing gap between supply and demand for those products in the target markets. After studying the market size, the urgent need for the products provided by the project becomes clear, which are: (Stoves – Chimneys – Refrigerators – Cupboards – Handrails – Tables – Trolleys – Sinks – Food Containers – Spoons, Knives and Kitchen Forks). Stainless steel is a mixture of several metals, and is an excellent choice due to its shine and wonderful surface. It is also a great choice for cooking, but it is a poor conductor of heat. Manufacturers address this defect by making cookware from three layers, so that the middle layer is aluminum or copper (which makes this option the highest priced) or that layer is at the base (the lowest priced). The factory relies on the latest technologies to provide services with the highest possible quality and at competitive prices. It also relies on a leading and professional team of technicians and administrators in the process of providing products to the targeted sectors represented by; (homes – hotels – restaurants – cafes – clubs – hotel apartments – hospitals – schools). The factory seeks to capture a large percentage of the marketing gap and benefit from the increased demand for these products.
Executive Summary
Study of project services/products
Market size study.
Risk assessment study.
The Kingdom of Saudi Arabia has paved the way for development with its ambitious Vision 2030, which aims at economic diversification, the renaissance of non-oil sectors and increasing the contribution of the private sector to GDP, and this can only be achieved through the renaissance of industry and mining as two main tributaries in major economies, and the Kingdom is determined to increase their participation in its GDP by about 15%. When talking about industry in the Kingdom, it should be noted that it was not born out of the moment, but rather it has been extended and rooted since the discovery of oil in the Kingdom in the late thirties of the last century. Over the decades, the Kingdom spared no effort to develop its industry; it established the Industrial Development Fund (1974), the Royal Commission for Jubail and Yanbu (1975), and SABIC in 1976. The roles and tasks undertaken by these institutions and the programs they worked on to grow the industrial sector and develop its performance and working mechanisms are no secret to anyone. As a result of the efforts exerted years ago in this direction, the number of factories in the Kingdom today has increased to more than 10,000 factories. We, mashroo3k, believe in the importance of the industrial sector and its role in driving the economy, so we will present its most important indicators below so that anyone wishing to invest in it can be aware of them: