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Mashroo3k Feasibility Studies Entertainment sector The Water Park

The Water Park

Request to study

The project concept is to establish a water entertainment city, featuring all the necessary rides and entertainment for all ages. The city will be equipped with all necessary safety measures, utilizing the latest advanced technology. The city targets tourists, individuals, companies, and public sector employees of both genders to capitalize on the high demand for these services. The project will include shops, restaurants, and kiosks available for rent, and there will be appropriate entry fees for adults, children, and other activities. The water city’s feasibility study indicates that the project is an investment opportunity with high economic and financial returns.

Capital

Return Rate

Payback period Third year

Project description

Project description

The water amusement park includes a wide variety of exciting attractions such as water slides, pools, and more. It also features restaurants, cafés, and multiple entertainment options. Additionally, there is an on-site daycare center designed for children under the age of five.
The park stands out for its stunning design, cleanliness, vibrant and harmonious colors, creating an enjoyable atmosphere for both children and adults alike. It’s worth noting that the park will offer its services at competitive prices and with high quality, relying on a team of skilled and experienced administrative and technical professionals in the field.
The project aims to capitalize on the growing market demand and the increasing popularity of such entertainment services. <Mashroak—the company responsible for the feasibility study of the water park project—is an ISO-certified firm in the field of feasibility studies. It also holds international accreditations in procurement, economic, and management consulting. With a team of over 450 specialized consultants, the company ensures the preparation of feasibility studies in accordance with global quality standards.
In addition to its consulting expertise, Mashroo3k leverages its extensive experience to assist in providing the necessary equipment, machinery, and devices for the construction of the park. The company collaborates with leading multinational corporations to import these supplies at competitive prices that align with the project’s capital and scale, while also ensuring they meet the host country’s regulations and policies.
With a long-standing track record in this field, Mashroo3k has successfully launched more than 3,000 projects across the Arab world.

Project services

Project services

  • Entrance fee for adults
  • Children’s entrance fee
  • Entrance fee for children under 3 years
  • Nursery entry fee
  • Restaurant Rental
  • Café Rental
  • Kiosk Rental
Why Mashroo3k ?

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.
  • Project Features
  • Study Contents
  • Sector Indicators
  • The project as an investment opportunity
مؤشرات القطاع

  • Comprehensive focus on safety and security

  • Enjoyment of a relaxing and joyful atmosphere

  • Presence of a highly competent and skilled team

  • Supervision by a disciplined and precise management

  • Availability of various play halls for children

  • Inclusion of restaurants and cafés within the amusement village

  • Consistent attention to the city’s cleanliness and hygiene

  • Use of advanced technology in operations

  • Commitment to maintaining operational systems

  • Openness to feedback and implementing constructive suggestions

  • Exceptional care for the city’s operational supplies and equipment

 

Executive summary

  • About the project
  • Financial indicators
  • Justifications for establishing the project
  • Government investment incentives in the project field
  • Target markets
  • Indicators and final results of the project

Study project services/products

  • Project Description and All Its Products/Services.
  • Project Advantages and Production Requirements.

Market Size Analysis

  • Understanding Distribution Channels.
  • Consumer Behavior, Preferences, and Habits.
  • Competitors’ Products or Services, and Their Strengths and Weaknesses.
  • Market Nature and Characteristics.
  • Demand Size for the Product or Service Offered.
  • Available Market Share of the Target Market.
  • The Optimal Marketing Method.

Risk Assessment

  • Risk Identification.
  • Impact of Risks on the Project.
  • Risk Mitigation Methods

Technical study

  • A detailed description of the project’s products, expected production capacity, and determination of investment costs.
  • Determining the required electricity and water capacity.
  • Determining the project’s labor requirements.
  • Determining the project’s requirements.
  • Calculating construction and building costs.
  • Calculating the total capital
  • Determining the annual operating costs.
  • Determining the amount of working capital.

Financial study

  • Total investment costs required for the project.
  • Organizing cash flow statements, income statements, and the balance sheet 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 investors’ capabilities and financing conditions.
  • The project’s financial indicators and sensitivity analysis.

Organizational and administrative study

  • Project workforce.
  • Organizational structure.
  • Job responsibilities.
المشروع كفرصة استثمارية

In light of Project’s belief in the role of the entertainment sector in building non-oil economies, we will present the key indicators of the sector in the GCC countries:

According to the latest statistics:

  • The number of museums in the GCC countries stands at 306, with a total of 6,032,840 visitors.

  • The number of hotel establishments in the GCC countries is 11,119.

In Saudi Arabia:

  • The number of entertainment events reached 690, spanning 9,784 days. The total number of attendees for these events was 34,699,458.

  • The number of museums dedicated to archaeology, history, and heritage is 33.

  • The number of private museums is 195.

  • There are 8,499 archaeological sites, and the number of permits issued to visit these sites is 178,020 annually.

  • The entertainment sector is expected to contribute 4.2% to Saudi Arabia’s GDP in the upcoming years.

In the United Arab Emirates:

  • The number of museums in the UAE is 41, with a total of 2,322,807 visitors.

  • There are 260 public parks.

In Oman:

  • Oman has 12 museums, with visitors exceeding 408,000.

  • There are 51 forts and castles, with 427,000 visitors.

In Qatar:

  • Qatar has 291 sports facilities, with 90 football stadiums being the most common, followed by 37 covered halls.

  • There are 99 cinemas with a total seating capacity of 14,108 seats, showing 3,549 films according to the latest statistics.

  • The total number of museum and exhibition visitors in Qatar annually is 1,038,470.

In Kuwait:

  • The number of visitors to the Kuwait Tourism Projects Company, which provides a wide range of entertainment and recreational services, reached 1,308,514.

  • The number of museum visitors in Kuwait is 108,987.

  • Kuwait has 814 libraries, with a collection of over 2,087,513 books.

Governments in the GCC countries are keen on improving the quality of life and providing a high standard of living for their people. To achieve this, they are investing heavily in the entertainment sector. In recent years, these governments have adopted initiatives aimed at increasing the number of parks, live entertainment shows, and promoting visual and audio arts.

The entertainment and hospitality construction market in the GCC is expected to reach 642.3 billion USD by 2023, up from an estimated 466.9 billion USD in 2019.

According to the United Nations World Tourism Organization (UNWTO), the GCC is poised to receive 195 million visitors by 2030.

Global Entertainment Sector:

  • In 2021, the value of the global entertainment and media market was 2.34 trillion USD and is expected to grow at a compound annual growth rate (CAGR) of 4.6%, reaching 2.93 trillion USD by 2026.

مؤشرات المشروع

Mashroo3k Company for Economic and Administrative Consultancy recommends investing in the entertainment sector for the following reasons:

  • In 2021, the global video game industry generated revenues of $214.2 billion, and this figure is expected to grow to $321.1 billion.

  • Global cinema revenues are projected to grow at an average annual rate of 20.4% during the period 2021–2026.

  • According to Citibank forecasts, the metaverse is expected to generate investment opportunities worth $13 trillion by the year 2030.

  • Global spending on Virtual Reality (VR) increased by 36.5% in 2021, reaching $2.6 billion, and is expected to grow at a compound annual growth rate (CAGR) of 24.1% from 2021 to 2026, reaching $7.6 billion.

  • Console gaming revenues are projected to grow at an average annual rate of 2.2% during the 2021–2026 period.

  • PC gaming revenues are expected to grow at an average annual rate of 4.6% over the same period (2021–2026).

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