NADEC says deed issued to own 269.2 mln sqm land in Wadi Al Dawasir

Logo of National Agricultural Development Co.

National Agricultural Development Co. (NADEC) said a deed was issued in its favor to own land in Wadi Al Dawasir, with an area of 269.21 million square meters (sqm).

This followed the decision by the Ministry of Environment, Water and Agriculture (MEWA), based on Royal Order No. 58378, granting NADEC ownership for the areas of land revived by company of the total land received from the government, the firm said in a statement to Tadawul.

The process of issuing deeds for land in Hail and Al Jouf is in progress with the authorities concerned, it added, noting that further updates will be announced in due course.

The process to issue Wadi Al Dawasir land deed is now finalized, NADEC said, adding that it is working on completing the regular procedures with the related authorities regarding Hail and Al Jouf lands.

In June last year, NADEC received a letter from MEWA issuing the Royal Order to grant ownership for the areas of land it has been reviving in Wadi Al Dawasir, Hail, and Al Jouf, Argaam earlier reported.

The size of the plots is as follows:

-Wadi Al Dawasir: 269.21 million sqm

-Hail: 193.08 million sqm

-Al Jawf: 72 million sqm