NADEC approves SAR 5bn capital plan for 2027 to 2031

National Agricultural Development Company approved a capital investment plan of SAR 5 billion for the five years from 2027 to 2031, according to a company statement. The plan covers the period immediately following the current investment cycle. The SAR 5 billion allocation translates to $1.3 billion at current exchange rates.

Investment programme scope#

The capital plan runs from 2027 through 2031, a five-year period. NADEC operates agricultural production and food processing facilities across Saudi Arabia. The company produces dairy products, crops and processed foods through its network of operations. The statement confirmed the SAR 5 billion figure as the total planned capital investment for the period.

Approval and disclosure#

The board approved the plan and the company published the decision in a statement. The statement did not break down the allocation by facility, product line or year. No completion date for individual projects within the plan was given. The company did not specify whether the SAR 5 billion figure represents committed expenditure or an authorised ceiling for the period.

Current operations and timeline#

NADEC is a publicly traded agricultural operator in Saudi Arabia. The new plan follows the existing investment cycle, which runs to 2026. The 2027 start date positions the new plan as the successor programme. The company statement did not provide a breakdown distinguishing capital expenditure from operating expenditure within the SAR 5 billion total.

Next reporting#

The company has not disclosed a date for detailed project announcements under the plan. No information was provided on the allocation of the SAR 5 billion across the five years from 2027 to 2031. The statement did not identify specific facilities, product lines or capacity additions that will receive funding under the approved plan.