The project is the creation of a company to sell used spare parts. Where the project seeks to provide a variety of used spare parts for the target markets
The project is to establish a company to sell used spare parts. The project seeks to provide a variety of used spare parts for the target markets, as these products are (Oil Filter, Air Filter, cabin air filter, BMC- TOYOTA, CMC-TOYOTA, CSC-TOYOTA, Oil Filter, Air Filter, cabin air filter, BMC-NISSAN, CMC-NISSAN, CSC-NISSAN, Oil Filter- BMW, Air Filter – Honda, Oil Filter- AUDI, Oil Filter- MAZDA, Oil Filter- Land rover, Air Filter – MITSUBISHI, Oil Filter – ISUZU, Oil Filter- CHERY, Air Filter – CHERY, cabin air filter- KIA, BMC-ISUZU, CMC-HINO, BMC-HINO, CMC-MAZDA, CSC-MAZDA, BMC-DAIHATSU, CMC-DAIHATSU, BMC-HONDA, 55303-58A27, 54302-58A27, 56210-2F525, 56110-01N25, 56110-41G00, 343143- 35003-6401P, 56210-0M085). The project seeks to target both drivers and owners of vehicles, workshops and vehicle maintenance centers. It also seeks to benefit from the increasing demand for these products, which is linked to the increase in the number of cars in the country, and the growth of the transportation sector in the country, which results from the population increase, making the project a great investment opportunity that achieves high economic returns compared to other projects.
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).