FEASIBILITY STUDIES

AlShall strength in carrying out reliable professional feasibility studies stems from its insight and understanding of the local and regional economies’ prospects. Over the past 20 years, AlShall has carried out numerous feasibility studies within diverse sectors and industries, so that a considerable regional cross sector cumulative expertise and valuable data bank was formed.


The industries that AlShall was involved in carrying out feasibility studies for the public and private sectors include but are not limited to:


One of AlShall’s unique capabilities is assembling local or international teams, as the need requires, of relevant expertise in order that studies be done in an expert fashion and produced in a credible, comprehensive and implemental way.

Feasibility Experience List

By Project Name | Country | Sector | Services Performed

2012

  • Feasibility study for a services company | Kuwait | Services | Market assessment and financial appraisal

  • Feasibility study of a landmark real estate development in Syria | Syria | Real Estate | Financial and economic feasibility study, market research, and legal and tax advisory, for the development of a landmark real estate project in Syria

2011

  • Industry study on catering, bakeries and fast food delivery in the GCC | Qatar | Hospitality | Market research and industry study on catering, bakeries and fast food delivery in Qatar, Kuwait and KSA

  • Feasibility study of a commercial complex development in Shuwaikh | Kuwait | Real Estate | Financial feasibility of a commercial complex

2010

  • Feasibility study of industrial gases production facility | Kuwait | Oil & Gas | Feasibility study of industrial gases production facility

  • Valuation of two international hotels and feasibility for development of additional hotels and residential/commercial buildings | Sudan | Hospitality | Valuation of two international hotels and feasibility for development of additional hotels and residential/commercial buildings for internal corporate purposes

  • Primary Healthcare sector study | Qatar | Health Care | Prepare a comprehensive report about the trends and prospects of the Primary Healthcare sector in Qatar

2009

  • Feasibility study of a project financial center | Kuwait | Real Estate | Feasibility study of a land mark financial center

  • Feasibility study of a residential compound | Kuwait | Real Estate | Pre-feasibility report for a residential real estate development in Jabriya area

  • Feasibility Study for two hotels, one convention centre, five exhibition centers and five trade centers in Kenya | Kenya | BOT – Hospitality | Economic and financial studies

  • Feasibility study for a residential tower in Abraj Quartier, the Pearl island | Qatar | Real Estate | Economic, market and financial studies

2008

  • Establishment of an investment company | Kuwait | Financial Services | Feasibility, financial & legal structuring soft marketing and capital placement

  • Feasibility study of a facilities management company | Kuwait | Contracting |
    Feasibility, and cost-benefit analysis for establishing a new company

  • Feasibility study of a real estate development | Qatar | Real Estate | Feasibility study of a real estate development and management concept for the purpose of a placement

  • Feasibility study for a commercial office building in Luseil | Qatar | Real Estate | Economic, market and financial studies

  • Feasibility study for a commercial building | Qatar | Real Estate | Economic, market and financial studies

  • Feasibility study for a woodworks plant | Qatar | Industrial | Economic, market and financial studies

2007

  • Preliminary study for setting up an Investment bank | India | Financial Services | Preliminary study of setting up an investment bank in Kuwait

  • Establishing a facilities management company | Kuwait | Real Estate | Preliminary valuation of a real estate services company

  • Feasibility study for establishing an investment and leasing company | Kuwait | Financial Services | Feasibility study for establishing an investment and leasing company

  • Feasibility study of a beach front hotel | Kuwait | Hospitality | Feasibility study of a beachfront hotel

  • Strategic planning for a real estate development company, and feasibility study for two mixed-use towers | Qatar | Real Estate | Strategic planning, feasibility study for two towers, and private placement memorandum preparation

  • Primary Healthcare sector study | Qatar | Health Care | Prepare a comprehensive report about the trends and prospects of the Primary Healthcare sector in Qatar

  • Feasibility study for a Logistics Village | Qatar | Logistics | Feasibility study of a large private logistics village in Qatar, including trucking facilities and all types of warehousing

2006

  • Establishment of a production company | Kuwait | Entertainment | Feasibility study for establishing a production company and soft placement

  • Establishment of an investment company | Kuwait | Financial Services | Feasibility study for establishing an investment company in Kuwait, financial and legal structuring, soft marketing and capital placement

  • Feasibility study for a tires recycling plant | Jordan | Industrial | Feasibility study for establishing a tire recycling plant in Jordan, plus soft placement presentation

  • Feasibility study of a hotel in Salmiya | Kuwait | Hospitality | Feasibility study of a hotel in Salmiya

  • Financial and strategic plan for leasing and financing company | Kuwait | Financial Services | Assist client executives to develop a comprehensive financial and strategic planning study for a leasing and financing firm

  • Feasibility study of a real estate development | Kuwait | Real Estate | Feasibility study of a landmark real estate property and preparation of an information memorandum

  • Feasibility study for development of a commercial complex | Kuwait | Real Estate | Financial, feasibility and market study for developing a commercial complex in Hawally area

2005

  • Establishment of a bank in Syria | Syria | Financial Services | Feasibility study, licensing, legal and financial structuring and placement

  • Establishment of an investment company | Kuwait | Financial Services | Feasibility study of establishing an investment company, strategic business planning, and private placement

  • Establishment of a marine transport company | Kuwait | Transport | Feasibility, legal structuring, soft marketing and capital placement

  • Feasibility study of a mixed-use development | Kuwait | Real Estate | Feasibility study and valuation. Economic and financial advisory to development team for a mixed-use development

  • Feasibility study and placement of a low-budget hotels regional company | Kuwait | Hospitality | Feasibility assessment and PPM preparation for a low budget hotels regional company

  • Feasibility study of a warehousing and industrial development | Kuwait | BOT | Pre- feasibility study for a warehousing and industrial development project in Sabhan area

  • Feasibility study for a deposits insurance program in Kuwait | Kuwait | Insurance | Feasibility study for a deposits insurance program in Kuwait, need assessment and proposed structure

  • Establishment of an international college in Kuwait | Kuwait | Education | Market research, feasibility, legal structuring, soft marketing and capital placement

  • Feasibility study of project in the diamond industry | Kuwait | Trading | Feasibility study for a project in the diamond industry Assessing various legal and ownership structure options

  • Feasibility study of a transportation company | Kuwait | Logistics | Feasibility study, licensing, legal & financial structuring of a transport company

  • Feasibility study for a truck transportation company | Qatar | Logistics | Economic, market and financial studies for a listed logistics company to create a new trucking transportation division

  • Feasibility study for a tower in Porto Arabia, the Pearl Island | Qatar | Real Estate | Economic, market and financial studies

2004

  • BOT feasibility study of Abdallah Ahmad-Phase III development | Kuwait | BOT | BOT feasibility study for Abdalla AlAhmad phase III development; market and financial studies

  • Feasibility study of real estate development | Kuwait | Real Estate | Feasibility study of real estate development in Sharq area

  • Feasibility study of a warehousing company | Kuwait | Logistics | Pre-feasibility assessment of a logistics project in Sabhan

  • Establishment of a hospital | Kuwait | Health Care | Establishment of a hospital including feasibility study, soft marketing, and placement

  • Feasibility study of a hotel/office building project | Kuwait | Real Estate | Feasibility study for a hotel/office building project in Kuwait city

  • BOT feasibility study of Failaka Island development project | Kuwait | BOT | Market, financial and economic feasibility study for Failaka Island development project (BOT)

  • Establishment of an office tower | Kuwait | Real Estate | Feasibility study of an office tower in Kuwait City

  • BOT feasibility study of vegetable market | Kuwait | BOT | BOT feasibility study for vegetable market; market & financial studies

  • Establishment of a real estate company | Kuwait | Real Estate | Valuation, feasibility study of capital increase, legal and financial restructuring and preparation of placement documents

2003

  • BOT feasibility study of a commercial center development project | Kuwait | BOT | Financial feasibility, economic and market studies of the commercial and entertainment center in Fintas and the rehabilitation of the waste disposal area in al Qurain. BOT proposal submitted to Municipality of Kuwait

  • Establishment of an insurance company | Kuwait | Insurance | Insurance market survey, feasibility study for establishing an insurance company, legal structuring, soft marketing and capital placement

  • Establishment of a real estate company | Kuwait | Real Estate | Feasibility, financial & legal structuring soft marketing and capital placement

  • Feasibility study of a hotel development in Fintas | Kuwait | Hospitality | Feasibility study of a hotel development in Fintas

  • BOT feasibility Study of an entertainment project | Kuwait | Real Estate | Feasibility study of an entertainment/real estate development

  • BOT feasibility study of Heritage Village | Kuwait | BOT | Financial feasibility of Heritage Village, economic & market studies. BOT proposal submitted to Municipality of Kuwait

  • Feasibility study of an entertainment company | Kuwait | Entertainment | Financial feasibility assessment, license negotiation, financial structuring of establishing TV services partnership

  • Merger of two investment companies | Kuwait | Financial Services | Feasibility of a merger synergy study of two investment companies along with legal procedures and valuation of both companies and merged companies

2002

  • BOT feasibility study of development of a canal in Kuwait | Kuwait | BOT | Pre-feasibility study for a canal in Kuwait – (BOT project initiative)

  • Feasibility study of a cold public warehousing project | Qatar | Logistics | Feasibility study of a cold public warehousing project

  • Establishment of a private sector hospital in Syria | Syria | Health Care | Review and update of feasibility study

  • Valuation of a private school | Kuwait | Education | Feasibility and valuation of a new exemplary private school

2001

  • Health care sector study | Kuwait | Government – Health Care | Consultancy services- assessment study of the performance of health care sector companies in Kuwait and recommendations for corrections

  • Feasibility study of Friday Market- BOT | Kuwait | BOT | Economic and market studies. Financial and economical feasibility study of Friday Market – BOT project

  • Feasibility study and raising debt financing for a specialist hospital in Bahrain | Bahrain | Health Care | Review and update of feasibility study and raising the
    required debt financing (KD 3 million)

2000

  • Privatization of marine operations of Shuaiba Port | Kuwait | Government – Privatization | Feasibility privatization Study – Shuiaba port

  • Privatization of stevedoring operations of shuwaikh port | Kuwait | Government – Privatization | Feasibility privatization study – Shuwaikh port

  • Privatization of Doha port | Kuwait | Government – Privatization | Feasibility privatization study – Doha port

Feasibility Studies Examples

Project Example – Feasibility Study

 

  • Assignment Establishing an Islamic Bank – Cham Bank, Damascus, Syria

    Client Name Kuwaiti Real Estate Holding (formerly known as Kuwait National Real Estate Services Company).

    Client’s Activities Private sector company with real estate activities in Kuwait and the MENA region.

    Project Size USD 175,000,000 (KD 50,000,000)

    Assignment Date & Duration 2004, 5 months.

    Main Area of Focus Carrying out a financial feasibility, developing economic and market studies, and making a final submission of the BOT proposal to the Municipality of Kuwait.

    Services Provided Conducted a comprehensive feasibility study including all sub-components such as market research, industry trends, supply and demand quantification, competitors, customers, legal framework, identification and quantification of revenue streams, operating expenses, capital expenditures, capital structure, required rates of return and associated risks. AlShall built financial models for each entity to incorporate all these elements in pro-forma income statements, balance sheets and cash flows, supported by appropriate scenarios and sensitivity analysis.

    Outcome Consultancy mandate fully executed and BOT competition won by the client.

  • Assignment Establishing an Islamic Bank – Cham Bank, Damascus, Syria

    Client Name Promoters of Cham Bank

    Client’s Activities Islamic commercial, investment and retail operations

    Project Size USD 105,000,000 (KD 30,000,000)

    Assignment Date & Duration 2005, 20 months.

    Main Area of Focus AlShall worked with promoters to envision the concept and take it from idea to reality by introducing the Islamic banking concept to the regulatory authorities in Syria, undertaking the feasibility, preparing the entry strategy, identifying risks, securing the required licenses, setting the legal and financial structure of the new entity, and placing the entire required equity capital through a private placement.

    Services Provided AlShall conducted a comprehensive feasibility study including all sub-components such as market research, industry trends, supply and demand quantification, competitors, customers, legal framework, identification and quantification of revenue streams, operating expenses, capital expenditures, capital structure, required rates of return and associated risks. As part of the feasibility, AlShall developed the bank’s entry strategy to the Syrian market in terms of size of capital to be deployed, customer segments to be targeted, value proposition and operating model. Finally, AlShall raised the required equity capital through a private placement. Two third of the new bank’s capital was allocated to strategic investors and non-strategic investors while the remaining third was allocated to Syrian small investors via an oversubscribed public placement.

    Outcome The capital issue was successfully closed and the bank became operational

  • Assignment Establishing a private sector oil and gas company – AlDorra Petroleum Services K.S.C.C.

    Client Name Promoters of AlDorra Petroleum Services Company

    Client’s Activities Kuwait-based investment holding with operating subsidiaries within the oil services industry across the MENA region

    Project Size USD 42,000,000 (KD 12,000,000)

    Assignment Date & Duration 2006, 13 months

    Main Area of Focus AlShall worked with promoters to envision the corporate concept and take the concept from idea to reality. Primary tasks included setting the strategy, identifying risks, conducting a feasibility study, acquiring the licenses, preparing the legal and financial structure, and placing 100% of the required equity capital.

    Services Provided AlShall conducted a comprehensive feasibility study including all sub-components such as market research, industry trends, supply and demand quantification, competitors, customers, legal framework, identification and quantification of revenue streams, operating expenses, capital expenditures, capital structure, required rates of return and associated risks. Finally, AlShall raised the required equity capital through a private placement with both strategic and non strategic investors. At a second stage, AlShall successfully negotiated and acquired, on behalf of promoters and the company, four oil services companies that formed the nucleus of the new company.

    Outcome The capital was successfully raised and the company established.