The Cement Block Factory is dedicated to the manufacturing and production of cement blocks. It is a These blocks that typically has a rectangular or square shape. It also stands out for its remarkable resistance to environmental factors. Cement blocks are primarily utilized in constructing fences, sidewalks, as well as indoor and outdoor walls of residential, commercial, administrative, and service buildings. Cement Block Factory targets the construction sector, contracting firms, architectural engineering, and more. Mashroo3k for Economic Consulting underscores the economic viability of the project, given the abundant raw materials, government support, increasing demand, promising profit margins, and availability of future expansion.
The Cement Block Factory is dedicated to the manufacturing and production of cement blocks. It is a These blocks that typically has a rectangular or square shape. It also stands out for its remarkable resistance to environmental factors.
Cement blocks are primarily utilized in constructing fences, sidewalks, as well as indoor and outdoor walls of residential, commercial, administrative, and service buildings.
Cement Block Factory targets the construction sector, contracting firms, architectural engineering, and more. Mashroo3k for Economic Consulting underscores the economic viability of the project, given the abundant raw materials, government support, increasing demand, promising profit margins, and availability of future expansion.
Mashroo3k for Economic Consulting offers customized feasibility studies for entrepreneurs exploring investment opportunities in The Cinder Block Factory, relying on leveraging our vast database covering all aspects of the target market.This study facilitates well-informed investment decisions by providing precise projections of project feasibility and a thorough comprehension of potential opportunities, challenges, and risks. These encompass environmental, legal, operational, and financial considerations, ensuring a holistic assessment for investors.
Executive Summary
Project Service/Product Study
Market Size Study
Study of Risks
Technical Study
Financial Study
Regulatory and Administrative Study
Given to the significance of such sector, Mashroo3k is pleased to show you the following key indicators in the GCC countries:
The GDP value of building and construction sector in Saudi Arabia is estimated at SAR 168,750 million.
The sector contributes 48.2% to Saudi GDP.
The number of companies operating in this sector is about 148,026.
The number of workers in this sector is about 3,541,977.
According to the latest statistics, the value of completed projects in the sector is SAR 311,563,369 thousand.
Saudi Arabia comes first as the largest construction market in the region, with an annual market value surpassing USD 100 billion.
The GDP value of building and construction sector is estimated at AED 123,953 million.
The sector contributes 8.3% to the GDP.
The number of companies operating in this sector is about 42,428.
The number of workers in this sector in the UAE is about 1,564,095.
The GDP value of building and construction sector is estimated at BHD 936.79 million.
The sector contributes 7.70% to the GDP.
In 2016, the sector value did not exceed BHD 857 million. However, within a few short years, the sector value has surged to BHD 945.51 million.
The GDP value of the sector is estimated at OMR 936.79 million.
The sector contributes 6.7% to the GDP.
The number of workers in this sector is about 548,999.
Oman’s construction sector has the largest share of workforce, with (22.4% of all Omani workers in both private and public sectors).
It also accounts for 29.6% of the total number of expatriate workers in the Sultanate.
The GDP value of building and construction sector is estimated at KWD 838.9 million.
The sector contributes 2.14% to the GDP.
The number of companies operating in this sector is about 1502.
The number of workers in this sector is about 187,705.
The GDP value of building and construction sector is estimated at QAR 81,215 million.
The sector contributes 12.1% to the GDP.
The number of companies operating in this sector is about 5,629.
The number of workers in this sector is about 840,999.
Over 40% of economically active people works in construction.
The building and construction sector holds great promise, The expanding population and ongoing infrastructure developments across many countries are positioning this sector as a key focus for investors and entrepreneurs aiming for substantial returns with Experts are expected the construction market to grow up to 4.2% in three years, as the indicators shows that the value of this market will surge up to USD 10.5 % trillion by 2023
The global building and construction outputs 10.7 trillion in 2020. This output is expected to experience significant growth of 42% (USD 4.5 trillion) between 2020 and 2030, reaching a significant value of USD 15.2 trillion by the end of the decade.
The building and construction sector accounts for 13% of the global GDP, as well as it’s expected to reach 13.5% by 2030. According to the latest statistics, infrastructure will be the fastest-growing subsector within the construction sector, with an anticipated growth rate of 4% between (2020 and 2030).
