The project is to establish a factory to produce and manufacture ropes. The factory manufactures different ropes in all colors and sizes to suit everyone (3 mm diameter rope – 4 mm diameter rope – 5 mm diameter rope – 6 mm diameter rope – 10 mm diameter rope – 12 mm diameter rope – 44 mm diameter rope – 70 mm diameter rope). The factory will cover the needs of the targeted sectors, which are: (Coast Guard – Maritime Transport Companies – Contracting Locomotive Companies in Ports – Fishermen – General Consumer), to benefit from the growth in demand rates for these products in the target markets.
Mashroo3k Company for Feasibility Studies and Business Plans is working on preparing a feasibility study for a rope factory project from the marketing, technical and financial aspects. Its team studies and analyzes the project idea, size, nature and components. They also analyze the market size, competitors and the marketing gap between supply and demand. After analyzing and studying the market size, it becomes clear that the factory’s products are of great importance in the markets. These products are: (3 mm diameter rope – 4 mm diameter rope – 5 mm diameter rope – 6 mm diameter rope – 10 mm diameter rope – 12 mm diameter rope – 44 mm diameter rope – 70 mm diameter rope). The products are provided with high quality and competitive prices for the targeted sectors represented in: (Coast Guard – Maritime Transport Companies – Contracting Locomotive Companies in Ports – Fishermen – General Consumer), and the factory relies on technical and administrative cadres to provide distinctive products with a special character by producing different types and sizes of high-quality ropes, characterized by light weight, longer durability, color fastness, high strength and intensity, and non-extensibility. The factory will work to produce high-quality rope products that meet the needs and desires of consumers for ropes. The project seeks to capture the largest possible percentage of the marketing gap and benefit from the increased demand for products.
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:
