Established in the mid-’80s, The Group started its operations in Oil & Gas sector. Over the years, The Group ventured into infrastructure, biotechnology, sustainable energy, and IT-enabled services. The Group is currently managed by a second generation of entrepreneurs with a vision to expand into multiple other industries worldwide.
As part of The Group’s vision, Management considered an opportunity to venture into the education sector in United Arab Emirates. With support from the local government, The Group wished to establish an international curriculum school with full student boarding potential. Management required further information regarding the education sector and detailed analysis on supply and demand and other financial aspects before a decision could be made.
Management appointed Affility Consulting to conduct a Market Research and Needs Assessment to assess the market and financial viability of opening a new school. The engagement Scope of Work included the following:
Based on the numerous factors evaluated, including projected population increases, percentage of school-going population expected over the years, demand for the international curriculum among the school-going population, and anticipated competitors over the next 2-3 years, we were able to deduce the following:
Based on our assessment of the market and the financial parameters, we recommended that the client not proceed with the project, saving them AED 60.1 million in investments without potential returns.