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Jazan Development Co. - Saudi joint stock company - was
established under the resolution of the Minister of Trade
No: 223 dated 02/07/1414 AH corresponding 26/07/1993 G. It
was registered according to Commercial Registration No.
5900005403 dated 19.02.1414 H city of Jazan, its current
capital is 500.000.000 (five hundred million Saudi riyals)
divided to fifty million shares, nominal value per share is
ten riyals.
The company's activities:
The company's activities invest in fisheries, agricultural,
industrial, and real estate areas, where the company's
activity until 2005 was limited to investment in the
agricultural field only, at the end of 2005 new purposes
were added to its activity allows the opportunities to
invest in real estate, industrial and commercial field. the
policy and strategy of the board of directors, which was
elected by the Ordinary General Assembly in 24/04/2010 G
focuses on the investment in real estate activity through
the exploitation of available opportunities in this area
particularly in Jazan region and generally in the rest areas
of the Kingdom.
The primary activity of the company:
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Ownership and reclamation of agricultural land for the
purpose of exploitation in the establishment of agricultural
projects and to engage in wells drilling.
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The establishment of agricultural projects in both
agriculture and livestock production.
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Rearing and fattening of sheep , and calves, the production
of chicken for meat and eggs, the establishment of fish
farms and to engage in fishing.
- Establishment of nurseries, the production of seedlings of
fruit, forest, and ornamental trees, medicinal and aromatic
plants.
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Manufacture of agricultural , animal, plants and fish
products and their derivatives.
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Access to commercial agencies , the wholesale, and retail
trade in materials, machinery and agricultural inputs
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Working in agricultural marketing for agricultural ,
animal, plants and fish products and their derivatives.
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Purchase of land to construct buildings and the investment
of these buildings through selling or renting them for the
benefit of the company.
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Maintenance and development of the real estate.
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The establishment, management , maintenance, and operation
of industrial projects.
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Wholesale and retail trade in food, industrial tools,
building materials, electrical appliances and tools,
electronic and mechanical apparatus.
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The company currently has a branch in the name of Jazan
company for Real Estate Development and General
Contracting, which was established under the record number
5900011471 dated 9/8/1428 AH, the activity of the branch
according to the record is concentrating in Real Estate
services, buying and selling, developing and investing of
land and real estate, general contracting, "construction ,
repair, demolition and restoration of" public buildings ,
residential buildings, commercial buildings, educational
facilities, health facilities , buildings, airports, ports,
and works of roads and pavement, lighting works, extensions
of telephone, water and sanitation, infrastructure,
maintenance , cleanliness, gardening, and planting gardens
and parks.
- the company also has an industrial license number 2852 /X
, dated 30/11/1428 in the name of factory of Jazan
Development Co. for the production of drinking water packed
in various containers (capacity 25 .0 - 19 liters).
Because of the huge level of development witnessed by the
Jazan region which requires development in real estate,
JAZADCO
has decided to build residences on an area of 94.0000 square
meters comprising 400 housing units at a cost SR 100
million, financed from own resources of the company. The
length of time to implement the project ends in April 2012,
the implementation will be through three stages in order to
achieve the quality control and benefit from the early
stages of leasing the implemented phases. what distinguishes
this complex that the total building area is about 30% of
the total area allocated for the project, and the rest of
the area
is for the roads , landscaping, facilities, and services. |
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