- Nadec
-
For the National Association for Development Education Centres (UK), now DEA, see DEA (charity).
Nadec logo
The National Development Company (NADEC) was established by Royal Decree in 1981 in order to lessen Saudi Arabia's dependence on agricultural imports. It is a joint stock public company with 400 million Saudi Riyal equity capital. The Saudi Arabian government owns 20% of the company's shares while the rest is publicly traded.
It owns five dairy farms with 25000 heads of cattle and two modern dairy plants with a total capacity of one million litres of milk daily.
External links
National Development Company (NADEC) is a Joint Stock public company with SR 600MM equity capital. The Saudi Arabian government owns 20% of the company's shares while the rest is publicly traded. NADEC is involved in the agricultural production as well as food processing & distribution.
Categories:- Companies listed on Tadawul
- Companies of Saudi Arabia
- Asian company stubs
- Saudi Arabia stubs
Wikimedia Foundation. 2010.
