The Hollow Cement Block Factory is an industrial endeavor dedicated to the production of Hollow Cement Blocks; this type of Cement Block is utilized in residential, commercial, and industrial construction projects, as well as in the building of roads, bridges, and infrastructure. It stands out for its lightweight design and exceptional heat insulation and water resistance properties. The Hollow Cement Block project caters to construction companies and general contracting firms. Mashroo3k for Economic Consulting underscores the economic viability of the project, given the scarcity of competitors in the market, increasing demand, abundant raw materials, and promising profit margins.
The Hollow Cement Block Factory is an industrial endeavor dedicated to the production of Hollow Cement Blocks, this type of Cement Block is utilized in residential, commercial, and industrial construction projects, as well as in the building of roads, bridges, and infrastructure. It stands out for its lightweight design and exceptional heat insulation and water resistance properties. The Hollow Cement Block project caters to construction companies and general contracting firms. Mashroo3k for Economic Consulting underscores the economic viability of the project, given the scarcity of competitors in the market, increasing demand, abundant raw materials, and promising profit margins.
Mashroo3k for Economic Consulting is delighted to offer a feasibility study for the Hollow Cement Block Factory, adhering to the latest international standards in the field. Our services stand out for their methodical approach, thoroughness, connectivity, and forward-thinking capabilities, supported by our extensive database covering all Middle Eastern markets. With a team of consultants boasting vast experience, competence, and professionalism, we ensure exceptional service delivery. Additionally, we offer our customers access to top-quality production lines at competitive 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 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).
