The multi-purpose hall project is a promising investment that meets the needs of clients looking for an ideal place to host various events and activities. The hall is designed to be an integrated destination that suits all types of events, including weddings, birthdays, engagements, graduation parties, as well as official conferences and seminars. The project is distinguished by its strategic location that makes it easily accessible, making it a preferred choice for clients from different regions. It is also equipped with the latest technologies, including advanced sound systems that provide an exceptional listening experience, and flexible lighting systems that can be customized to suit the nature of each occasion. The spacious spaces provide the ability to accommodate large numbers of guests while ensuring maximum comfort, making the hall suitable for large events and exclusive meetings alike. In addition, the project provides professional photography services to document important moments, along with integrated facilities that include a cafeteria that provides a variety of meals and drinks. Competitive prices contribute to enhancing the hall’s appeal, allowing it to attract a wide segment of clients and achieve sustainable investment success.
The multi-purpose hall project is considered one of the distinctive projects that meet the needs of different groups to hold their private and public events in a place equipped with the latest technologies. This project is characterized by the presence of a large main hall that accommodates a large number of attendees, in addition to small halls designated for smaller events, making it ideal for hosting weddings, engagement parties, birthdays, conferences, seminars, graduation parties, and others. The project facilities include a cafeteria that serves a variety of snacks and drinks, adding a touch of comfort to the attendees. In addition, the halls are equipped with large screens and advanced sound and lighting systems that contribute to providing an ideal atmosphere that suits the nature of each event. The success of the multi-purpose hall project depends on its vital location and modern design, in addition to the high-quality services it provides. This project does not only meet the requirements of customers, but also creates an integrated experience that ensures their complete satisfaction, which enhances its chances of attracting target groups and achieving profitable returns.
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 depend in essence on raw materials or goods and their sale, but rather its activities are based on providing intangible things. 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:
Saudi Arabia’s GDP amounted to SAR 2,625,442 million. The “wholesale and retail trade, restaurants and hotels” activity contributed about 10.8% (SAR 284,579 million) to this GDP.
The “Transport, Storage and Communications” activity contributes about 6.6% (172,304 million riyals).
The financial, insurance, real estate and business services sector contributes about 6.4% (SAR 377,725 million) to GDP.
This activity contributes about 2.5% (65,729 million riyals) to the GDP.
Its contribution to the GDP is 21.9% (576,089 million riyals).