It is well known that the Feasibility Study process is the cornerstone for any project. Through feasibility studies, investors can determine the feasibility of the project before actual implementation is started to avoid financial and professional loss. The Feasibility Study is used for, but not limited to:
The establishment of new projects within the Kingdom by domestic or foreign investors.
Establish new companies and institutions.
The conversion of the establishments from legal form to another, where in such cases it is necessary to submit feasibility studies to the Ministry of Commerce and Industry.
Helping investors to get financing for their projects from banks.
Helping investors to obtain financing for their projects from the Industrial Development Fund.