Marble and Granite Factory

Study request

Mashroo3k Consulting Company offers a feasibility study for a marble and granite factory project in Iraq, with the highest return on investment and the best payback period. This study is based on a series of in-depth studies of the Iraqi market size, an analysis of local and foreign competitors’ strategies, and the provision of competitive pricing.

share capital

Rate of return

Recovery period Fifth year

The marble and granite factory targets contracting companies, real estate investors, and various construction sectors. Marble and granite are popular building materials and finishes in Iraq, expressing refined taste and aesthetic appeal. Mashroo3k Consulting Company ensures that the marble and granite factory project in Iraq features the latest production lines and advanced manufacturing technology, in addition to relying on a marketing team capable of innovating innovative methods to open new markets.

Project Products

Marble slabs in various sizes and shapes.
Granite slabs in various sizes and shapes.

Why Mashroo3k ?

Mashroo3k has over 11 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.

Products of the highest quality.
Application of approved quality standards.
Application of approved health requirements.
Latest packaging technology.
Management of development and marketing ideas, to increase competitive advantages.

Executive Summary

About the project
Financial indicators
Justifications for establishing the project
Government investment incentives in the project field
Target Markets
Project indicators and final results

Study of project services/products

Study of project services/products
Description of the project and all its products/services

Market Size Study

Familiarity with distribution channels
Consumer behavior, desires and nature
Competitors’ products or services, and what their strengths and weaknesses are.
Nature of the market and its characteristics
The volume of demand for the product or service provided
Available share of target market
The best way to market

Risk study

Identify risks
Impact of risks on the project
Risk prevention methods

Technical study

Detailed description of project products Expected production capacity Determination of investment costs
Determine the volume of electrical energy and water
Determine the project’s labor needs
Determine project requirements
Construction and building cost calculation
Total Capital Calculation
Determine annual operating costs
Determine the amount of working capital

Financial study

Total investment costs required for the project
Organizing the cash flow and income statements as well as the financial position statement for the first ten years of operation.
Determine the expected annual revenues of the project in light of the specified operational capacities.
The optimal financing structure for the project in light of the investors’ capabilities and in light of the financing granting conditions
Project financial indicators and sensitivity analysis

Organizational and administrative study

Project manpower
Organizational structure
Job Duties

Key Indicators of the Construction Sector in the GCC

Given the importance of the sector, Mashroo3k Consulting presents the following key indicators of the construction industry across the Gulf Cooperation Council (GCC) countries:

Kingdom of Saudi Arabia

GDP contribution of the construction sector: 168,750 million SAR.
Sector’s share of total GDP: 4.66%.
Number of companies operating in the sector: 148,026 companies.
Number of employees in the sector: 3,541,977 individuals.
Value of projects executed (latest statistics): 311,563,369 thousand SAR.
Saudi Arabia leads the regional market, with an annual construction market value exceeding $100 billion.

United Arab Emirates

GDP contribution of the construction sector: 123,953 million AED.
Sector’s share of total GDP: 8.3%.
Number of companies operating in the sector: 42,428 companies.
Number of employees in the sector: 1,564,095 individuals.

Kingdom of Bahrain

GDP contribution of the construction sector: 936.79 million BHD.
Sector’s share of total GDP: 7.70%.
In 2016, the sector’s value was 857 million BHD, but within a few years, it grew to 945.51 million BHD.

Sultanate of Oman

GDP contribution of the construction sector: 1,943 million OMR.
Sector’s share of total GDP: 6.7%.
Number of employees in the sector: 548,999 individuals.
The construction sector employs the highest percentage of workers in Oman, accounting for 22.4% of total Omani employees in both the public and private sectors, and 29.6% of all expatriates working in the country.

State of Kuwait

GDP contribution of the construction sector: 838.9 million KWD.
Sector’s share of total GDP: 2.14%.
Number of companies operating in the sector: 1,502 companies.
Number of employees in the sector: 187,705 individuals.

State of Qatar

GDP contribution of the construction sector: 81,215 million QAR.
Sector’s share of total GDP: 12.1%.
Number of companies operating in the sector: 5,629 companies.
Number of employees in the sector: 840,999 individuals.
The construction sector employs over 40% of Qatar’s economically active population.
The sector is highly promising, making investment in construction activities highly lucrative due to population growth and ongoing infrastructure development.
Experts predict that the construction market will grow at a rate of 4.2% over the next three years, with the sector’s total value expected to reach $10.5 trillion by 2023.

The Global Construction Sector

In 2020, the global construction output was valued at $10.7 trillion.
The market is expected to grow by 42% ($4.5 trillion) between 2020 and 2030, reaching a total of $15.2 trillion by the end of the decade.

The construction sector contributes approximately 13% of the global GDP, and this percentage is expected to rise to 13.5% by 2030. According to our available statistics, infrastructure will top the list of the fastest-growing sub-sectors in the construction sector, at a rate of 4% during the period (2020-2030).