NADEC obtains deed for massive land plot in southern Saudi Arabia

The land spans 269.21mln square meters

  
Image used for illustrative purpose. Labourers work at the construction site of a building in Riyadh, Saudi Arabia, October 18, 2017.

Image used for illustrative purpose. Labourers work at the construction site of a building in Riyadh, Saudi Arabia, October 18, 2017.

REUTERS/Faisal Al Nasser
 
DUBAI: Saudi Arabia’s National Agricultural Development Company has obtained a property deed to own a land plot in Wadi Al-Dawasir, which lies close to a groundwater source.

The land spans 269.21 million square meters in the southern region of the Kingdom.

The Ministry of Environment, Water, and Agriculture issued the deed, based on a royal decree that grants NADEC ownership of land plots it has been using.

The agriculture company is waiting for land plot deeds in Hail and Al-Jouf.

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