The project is to establish a reinforcing steel factory to manufacture reinforcing steel with diameters of (8 – 10 – 12 – 14 – 16 – 18 – 20 – 22 – 25 – 28 – 32 mm) and iron angles with sizes of (25, 30, 40, 50 mm) from iron and steel used in the construction and building sector.
The project is to establish a reinforcing steel factory to manufacture reinforcing steel with diameters of (8-10-12-14-16-18-20-22-25-28-32 mm) and iron angles with sizes of (25, 30, 40, 50 mm) from iron and steel used in the construction and building sector. Reinforcing steel bars are used in all civil works that require reinforced concrete such as building foundations and structures as well as civil facilities such as building factories, companies, homes and other uses that require reinforcement. The factory targets many sectors such as the construction and building sector, the contracting sector and the iron and steel traders sector. The manufacturing will be done using the latest production lines used in the production process. The demand for the factory’s products is also characterized by increase and continuity, due to the growth and increase in demand for the construction and building sector in the Sultanate of Oman. Therefore, investing in establishing an iron and steel factory is considered one of the great investment opportunities that achieve high returns.
Executive Summary
Study of project services/products
Market size study.
Risk assessment study.
Technical study
Financial study.
Organizational and administrative study.
Believing in the importance of the sector, Mashroo3k Economic Consulting presents below its key indicators:
It is no secret that the Kingdom of Saudi Arabia’s 2030 vision only sought to diversify its economy and increase non-oil sector revenues in its GDP. The Kingdom has embarked on its ambitious journey; it has pumped huge sums into its infrastructure and has begun building mega projects to encourage national investments and attract regional and foreign investments.