The project is a factory for manufacturing tents, including cotton tents, plastic-wood tents, and metal tents. The demand for the factory’s products is characterized by steady growth, targeting sectors such as camping equipment companies.
The project is to establish a tent manufacturing factory where the factory manufactures cotton tents, plastic wood tents, in addition to metal tents. The demand for the tent factory products is characterized by increase and continuity from the sectors targeted by the project, as the factory targets travel supplies sales companies, party and event planning companies and wedding tents, in addition to tourism and travel companies, companies, institutions and ministries. Therefore, establishing a tent manufacturing factory is considered one of the great investment opportunities that achieve high economic returns compared to other projects. The tent factory aims to employ workers and improve their economic and social level. Achieving a high level of quality for the factory’s products, and maintaining a competitive price level enables the project to obtain its target share. Contributing to covering part of the increasing demand for tent products, and using the latest methods in the field of tent products manufacturing.
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:
