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Riyadh – Mubasher: National Agricultural Development Company (NADEC) received a letter from the Ministry of Environment, Water, and Agriculture granting it ownership for the plots of lands it has been using from the total provided lands in Wadi Al Dawasir, Hail, and Al Jauf.
The land plots are as follows; Wadi Al Dawasir (269.21 million square metres), Hail (193.08 million square metres), and Al Jauf (72 million square metres), according to a bourse statement on Wednesday.
The land ownership documents are likely to be completed over the coming period and the company will provide the expected financial impact for the new assets in due course.