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Mashroo3k Feasibility studies  educational sector Crafts Training Institute

Crafts Training Institute

Study request

Crafts Training Institute aims to train and qualify youth in various crafts by providing a professional environment that combines theoretical lessons and professional workshops. This project provides trainees with the necessary skills and knowledge they need to work in various fields such as building and construction, electricity, carpentry, blacksmithing, and plumbing. This project holds significance due to its capacity to enhance the standard of living, reduce unemployment rates, and align with the demands of the labor market, thereby fostering societal development.

Capital

Rate of Return

Payback Period Third year

Description of Crafts Training Institute

Description of Crafts Training Institute

Crafts Training Institute aims to train and qualify young people in various crafts by providing a professional environment that combines theoretical lessons and professional workshops. This project provides trainees with the necessary skills and Knowledge needed to work in various fields such as building and construction, electricity, carpentry, blacksmithing, and plumbing. This project holds significance due to its capacity to enhance the standard of living, reduce unemployment rates, and align with the demands of the labor market, thereby fostering societal development.

Mashroo3k for Economic Consulting is pleased to provide comprehensive feasibility studies based on a vast database covering all the Middle East markets. Our company provides precise analyses explaining the competitors and their strategies, strengths, weaknesses, and potential opportunities and threats.  Our company has a professional, experienced, and efficient consulting team who help our clients to make their informed and right decisions.

Crafts Training Institute Services

Crafts Training Institute Services

  • Vocational training and guidance.
  • Employment services.
Why Mashroo3k ?

Why Mashroo3k ?

  • Mashroo3k has over 11 years of experience in preparing feasibility studies, market research, and providing a wide range of consulting services, including administrative, economic, financial, and others.
  • 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.
  • Mashroo3k has provided over 8000 services and feasibility studies, helping thousands of clients achieve their investment goals.
  • Mashroo3k’s services are accredited and trusted by all financial institutions and entities in the Middle East.
  • Mashroo3k’s service coverage extends to 35 countries across all continents.
  • Mashroo3k is a member of over 100 prestigious international institutions specializing in market research and business management.
  • Mashroo3k’s team consists of 350 consultants with extensive knowledge of economic sector indicators and opportunities. Thanks to the diversity of their expertise, they ensure effective solutions and strategies.
  • Mashroo3k is contracted with over 10,200 suppliers in 35 countries to support projects logistically with production lines, raw materials, machinery, equipment, and similar resources.
  • Mashroo3k possesses a vast database that enhances the accuracy of its predictions and analyses, as well as its ability to manage risks effectively.
  • Project Features
  • Study Contents
  • Sector Indicator
  • The project as an investment opportunity
مؤشرات القطاع
  • High-quality program that meets the needs of the labor market
  • Trainers at a high level of efficiency.
  • Modern equipment which helps provide training with the best possible quality.
  • Affordable Pricing
  • Providing post-training services, such as employment assistance.
  •  The scientific content of the training programs is up-to-date and compatible with the latest professional standards.
  •  Training programs adopt modern teaching methods, which help achieve effective learning.
  •  Trainees are evaluated at the end of the training period, to ensure that they achieve the desired objectives of the program

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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