Vocational training center

Study request

A vocational training center project is a specialized institution dedicated to preparing and equipping individuals for the job market through advanced educational and training programs tailored to meet the needs of various industries. The center aims to empower trainees with the necessary skills and knowledge to enhance their capabilities, whether they are starting their careers, improving their job performance, or developing their own businesses. The vocational training center offers a diverse range of programs, including behavioral courses focused on communication and teamwork skills, administrative courses covering leadership and time management, and technical programs specializing in skilled trades and industries. Additionally, the center places strong emphasis on fostering an entrepreneurial mindset through programs that help trainees successfully establish and manage their startups. With a commitment to keeping pace with evolving market demands, the center continuously introduces new programs covering emerging jobs and professions. It also provides an interactive learning environment using the latest training methods, making it the ideal destination for individuals looking to advance their skills and achieve their professional aspirations.

Capital

Rate of Return

Payback Period Third year

Project Description

Project Description

A vocational training center project is a comprehensive institution aimed at preparing individuals for the job market through offering inclusive training programs that combine both theoretical education and practical application. The center stands out by providing courses in various fields such as behavioral skills, management development, technical specialties, as well as entrepreneurship programs that empower individuals to establish and manage their own businesses.<br>The training process is overseen by a team of qualified trainers with extensive experience and expertise, ensuring the delivery of high-quality training content that meets the needs of the evolving job market. The center also provides a fully equipped learning environment with the latest tools and technologies, enhancing the learning experience and the practical application of acquired skills.<br>The center is committed to making training accessible to everyone by offering relatively affordable training fees, making it an ideal choice for those looking to develop their professional skills.

Project Services

Project Services

  • Project Services
  • Behavioral courses.
  • Development courses.
  • Administrative courses.
  • Technical courses.
  • Entrepreneurship programs.
Why Mashroo3k ?

Why Mashroo3k ?

  • Mashroo3k has over 10 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.
  • Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
  • Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.
  • Mashroo3k’s services are accredited and trusted by all financial institutions and funding entities across the Middle East.
  • The company’s geographic reach spans 35 countries across all continents.
  • Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.
  • Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients’ needs.
  • Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.
  • With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.
  • Project Features
  • Study Contents
  • Sector Indicator
  • The project as an investment opportunity
مؤشرات القطاع
  • Providing the best educational services at reasonable fees.
  • A team of highly qualified and experienced trainers.
  • Providing an educational environment equipped with the latest tools and the best cadres.
  • Balancing between the theoretical and practical aspects.
  • Qualifying individuals to keep pace with the requirements of the labor market.

Executive Summary

  • Project Overview
  • Financial Indicators
  • Project justification
  • Government investment incentives for the project
  • Target Markets
  • Final indicators and outcomes of the project

Project Service/Product Study

  • Description of the project and all its services/products
  • Project advantages and production requirements

Market Size Study

  • Familiarity with distribution channels
  • Consumers’ behavior, desires, and habits
  • Competitors’ products or services and their strengths and weaknesses
  • The nature and attributes of the market
  • The size of the demand for a product or service
  • The available share of the target market
  • The optimal method of marketing

Study of Risks

  • Identifying the risks
  • Risks’ impact on the project
  • Methods of risk prevention

Technical Study

  • A detailed description of the project’s products, the expected production capacity, and identifying investment costs
  • Identifying the size of electrical and water power
  • Identifying the project’s employment
  • Identifying the project’s requirements
  • Estimating construction costs
  • Estimating the total capital
  • Estimating annual operating costs
  • Estimating the amount of operating capital

Financial Study

  • The total required investment costs of the project
  • Structuring the income statement, cash flow statement, and balance sheet of the first ten years of operation
  • Estimating the expected annual revenues of the project in light of the identified operating capacities
  • The optimal funding structure of the project in light of the investors’ capabilities and funding terms
  • The project financial indicators and sensitivity analysis

Regulatory and Administrative Study

  • The project workforce
  • Regulatory structure
  • Job duties
المشروع كفرصة استثمارية

Education in the GCC Countries Due to believing in the importance of the education sector and its role in localizing national labor, Mashroo3k for Economic Consulting and Market Research has decided to present to you the key indicators of the education sector in the GCC countries, urging investment in this vital sector:

  • According to the latest statistic, the students’ total number of Early Childhood Development stage, including (nurseries and kindergartens) in the GCC countries has reached 851.5 thousand.
  • The students’ total number of the stages of school education in the GCC countries was estimated at 9.3 million (79.4% of them in state schools and 20.6% of them in private schools).
  • The number of Adult Education Center students was estimated at 181,247.
  • The number of Higher Education students is estimated at 2,206,446.
  • The teachers’ number of Early Childhood stage is estimated at 50,647.
  • The teachers’ number of the stages of school education is estimated at 727,904.
  • There are 5806 early childhood educational institutions in service.
  • There are 32,310 elementary, secondary, and high educational institutions in service.

In recent years, governments in the GCC countries have taken steps to bridge the gap between education and the labor market. They have adopted some curriculums to increase the share of vocational and technical education and encouraged learning through modern media and technologies. In this context, these six countries have increased their spending on education in order to have graduated generations meeting the private sector’s need for a workforce.

  • According to the latest statistics, Saudi Arabia spends 18.9% of its budget on education. The UAE spends 14.8%. Oman spends 12.2%. Bahrain spends 9.8%. Kuwait spends 12.3%. Qatar spends 10.5%.
  • By 2023, the value of the private education market in the GCC countries will reach USD 26.2 billion.

Global Education Sector The volume of the global market of educational services reached USD 2882.52 billion at the end of 2021. The global experts expect to reach USD 3191.79 billion by the end of 2022, with a compound annual growth rate of 10.7%. By 2026, the market value will hit USD 4623.90 billion, with a compound annual growth rate of 9.7% over the forecast period.

مؤشرات المشروع
  • By 2030, the global value of education as an industry will hit USD 10 trillion.
  • By 2024, the global online education value will hit USD 247.46 billion.
  • The educational market will expand with artificial intelligence (AI) technologies, with a compound annual growth rate of 36% during 2022-2030.
  • In 2000, the global number of students was 657 million, then increased to reach 739 million students in 2019.
  • In 2000, the global number of high school students was 452 million, then increased to reach 601 million students in 2019.

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Keywords:

Vocational and Administrative Training Center Project
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