Jazadco Activities

 

1) Compound in Jizan

 

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 .

 

2) Model Planned Residential

JAZADCO also contributed in promoting the construction boom in the region when decided to establish an ideal residential scheme on a plot of land with an area of 164 thousand square meters located on King Fahad Road, which is one of the most important roads in the area. work has delayed on the development of this planned schedule since 2008 because of a delay in the issuance of license he needed from Jazan municipal, and the Ministry of Municipal and Rural Affairs, as the ministry has approved the scheme only in January 2010, and endeavors being made ​​by the Company to complete the license procedures to begin to development of the land.

 

3) JAZAN INN Hotel

 

In the context of tourism and real estate projects, the company has worked to establish a four-star hotel (jazan inn) and the completion of construction and finishes was achieved  at the beginning of the second half of 2009, and handed over to one of the national institutions specialized in the operation of hotels, which contracted to hire him.

 

4) Water Factory
 

During 2009, the installation and trial operation of production line of this plant accomplished with a production capacity of 46 million liters per year for containers 0.330 liter, 0.600 liter, 0.750 liters, which are marketed under the brand name of FIFA Mountains, and the commercial operation of this line will start in the first of January 2010. The installation and trial operation of the second production line of the container 12 liters with production capacity of 13,000 containers/hour will be completed in the first quarter of 2010. The company has targeted this package as demand for house use. The factory has been awarded the international quality certificate ISO 22.000, which includes a certificate of HACCP and also thecertificate of quality management ISO 9001.

 

5) Shrimp Farming project

 

During 2009 the construction work of the farm number (2), and the operation of  its soil ponds in an area of 240 hectares and a production capacity of 1,300 tons (diffusion agriculture) in the second quarter of 2009 and thus the production of the first and second  farms will increase to 3300 tons per year of white shrimp (white indicus). part of the company's production of shrimp will be marketing in the local market and in Gulf, which has a high-quality fresh, through a contract with one of the national specialized institutions, and the other part will be frozen and exported to foreign markets .

 

6) Plant preparation and processing of shrimp

Additional Spiral Freezer was added to the plant and run during the year 2009, such Freezer allows the production of a type of shrimp frozen by a system of half  individual freezing which has a better price in some of the world markets. the factory and farm have been awarded the international quality certificate ISO 22000, which includes a certificate of risk analysis at critical points of food safety (HACCP) and then the factory awarded the certificate of compliance with Saudi Arabia specifications, both Allows the company to submit a request for a certificate of export to countries of EU which is submitted to Saudi authority of food and drugs, after the examination has been made, and ​​progress is done in this regard and expected to obtain this certificate in 2010.

 

7) (SELONDA UK)

 

The European Seapass project was executed and completed through water recycling system on land. Also processing and packaging centers were established at the site to carry out sorting and packaging of fish produced in the project and which are marketed in British market. Jazadco contributes by 50% in the company's capital, while Greek Selunda contributes by the other 50%.

50% of the investment cost of this project is non-refundable grant has been financed by the EU and the Government of Wales .

 

8) Tabuk Fish Company

 

It is a Saudi joint stock company founded in 2005 with a capital of SR 200 million JAZADCO contribution is 20%. The aim is to invest in the field of fish with the emphasis on aquaculture system of floating cages and the system of water recycling on land as a strategic objective. The company put basics to any future development in the field of fish farming in the Kingdom. Currently, the company cuprum fish harvesting and marketing them in the domestic market, and exporting them to neighboring countries. The pproduct has acclaimed the consumers .

 

9) Company Cillonda Greek

 

 Jazadco owns 10% of capital of Greek Selonda Company for Marine products, its capital is 29.3 million Euros. This company  is made ​​up of the parent company and 18 subsidiary called Selonda group, this group produces about 40,000 tons of fish, also it has seven hatcheries produce fingerlings, and seven centers for fish packing, also the company exports fish to eleven countries in Europe and America .

 

 

 

10) Turkish company Fjord Marin

Fjord Marine Company -Turkey is a limited liability company, its headquarters at Bedrom city,  Turkey. Its main activity is fish farming, its production during 2009, was about 8,000 tons. Jazadco owns 10.5% of its capital. the other partners in the company are; Fjord Marin Norwegian company, Selonda Greek company, and Tabuk fish company, the company marketing its fish production, which has a high position in both Turkey and the European market .

 

11) Fruit Project

 

This project was established on an area of 400 hectares, includes 16.227 Mango trees of good varieties, such as Indian Tomi, Algelin, and sunshine which have good marketing opportunities at the domestic and foreign markets .

 

12)Banana farm

 

In the season of 2009 other 42 hectares were planted, bringing the number of trees to about 300,000 trees. And the product which is characterized by its high quality is marketed locally .

 

13) Jannat for Agricultural Investment

Junat Company for Agricultural Investment is a Saudi joint stock Company of limited liability founded by the bloc of Saudi investors, which includes six significant Saudi companies to invest in agricultural activity in the Arab States and the other countries that have agricultural capabilities. Jazadco owns 27.78% of its capital. Junat acquired 67% of the capital of Rakha company for agricultural investment based in Arab Republic of Egypt, which owns agricultural land area of 4000 hectares in Eastern Owainat. Rakha company aims in the agricultural season 2009 / 2010 to cultivate 83 axes with an area of 13.375 acres, with the targeted crops of alfalfa, wheat, corn and pulp. Saudi Development Fund has financed Rakha company with one hundred million Saudi Riyals guaranteed by the stocks of shareholder in Junat company. Junat company is also involved in the establishment of Dar Al-Zeitoun company at Tabuk, and other projects in Egypt .

 

14) Fruit nursery

 

Arboretum is located within the fruit project at Alakhbaseya, produces the seedlings of subtropical fruit, banana, mango ... Etc. with a production capacity of about one hundred thousand seedlings a year in order to ensure the needs of the company and the region which contributed significantly in the development and improvement of the quality of horticultural products in the region .
 

 

15) Lands investments

 

The company has in previous years allocated part of the available liquidity for the purchase of lands for  investment in Jazan, and Makkah worth by what is contained in financial statements 138,820,967 riyals, as the current fair market value exceeds this value significantly.

 

 

 

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