The Interlock Factory is an industrial endeavor dedicated to producing interlock. It’s a type of tile known for its remarkable durability against friction and various weather conditions. Notably, it offers a wide array of shapes, colors, and sizes, and can be effortlessly removed and reused. Interlock tiles find extensive application in paving roads, pathways, plazas, and gardens. These versatile uses stem from the numerous benefits interlocks provides, including enhancing the visual appeal of paved areas while offering a sturdy and enduring surface capable of withstanding heavy loads and daily traffic.
A red brick factory is a project intends to manufacture and produce red bricks used in the construction of establishments, residential, commercial, and industrial buildings. Red bricks stand out for its strength, durability, high resistance to heat and water, and affordable price. Mashroo3k for Economic Consulting emphasizes the economic feasibility of the project due to the growing demand for red bricks, high profit margin, ease of production, low manufacturing costs, and ample raw material.
Mashroo3k for Economic Consulting is pleased to provide a feasibility study for A Red Brick Factory based on the latest international standards in this domain. Our services are characterized by methodology, comprehensiveness, connectivity, and the ability to anticipate the future due to our massive database that covers all the markets in the Middle East, as we have a team of consultants with extensive experience, competence, and professionalism. Moreover, we provide our customers with the best production lines at affordable prices.
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 Kingdom of Saudi Arabia:
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 United Arab Emirates:
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.
• Bahrain:
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.
• Oman:
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.
• Kuwait:
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.
• Qatar:
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 is one of the promising sectors, so investing in such sector is likely to be highly profitable in the coming years. The growing population and ongoing infrastructure developments in many countries are making this sector a prime target for investors and entrepreneurs seeking strong returns with relative ease. 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 was estimated at USD 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).
