Mashroo3k Economic Consulting offers a feasibility study for a multi-storey parking garage project in Saudi Arabia, aiming to achieve the highest profitability and optimal payback period. The study is based on detailed analyses of the Saudi market size, evaluation of competitor strategies, and the provision of competitive advantages.
The multi-storey garage project is one of the vital projects in Saudi Arabia, which is facing the crisis of increasing cars and motorcycles, with the population of Saudi Arabia rising to 35 million citizens.
Mashroo3k Economic Consulting Company provides investors wishing to invest in a multi-storey garage project in Saudi Arabia with: 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. The best payback period, by analyzing the strategies of local and foreign competitors, and the ability to provide competitive quotes.
mashroo3k Economic Consulting recommends that a successful multi-story parking garage project should include a modern car parking system made entirely of steel for easy assembly and disassembly, along with a flexible subscription system and hourly rental options. Additionally, mashroo3k’s consultants offer many innovative ideas to enhance the garage’s competitive advantages and achieve the highest profitability.
mashroo3k Economic Consulting directs investors interested in investing in a multi-story parking garage project, or developing their existing projects, to seek the opinions of specialized consultants from mashroo3k. These experts help determine the best methods and strategies to enhance garage services and meet customer needs.
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).
