شركة تبوك للتنمية الزراعية

TADCO is a joint stock Saudi agricultural company with 35,000 ha of land, located in the

north-west of Saudi Arabia with head office in Tabuk (some 45 km from Tabuk town) and with four branches two of them administrative in Tabuk and Riyadh cities, and two are marketing in Jeddah and Dammam cities.

The Company is pursuing large scale production and marketing of alfalfa (40,000 MT / annum), wheat (45,000 MT), maize (12,000 MT), potatoes (30,000 MT ( onions (20,000 MT), fruits (12,000 MT) and olives (1500 MT).

Founded in 1983, The Company initially (like all other agricultural JSC’s) had a simple

business model – one customer (the government), one product (wheat quota allotted by

Government Silos & Flour Mill Organization-GSFMO), predictable costs, and a guaranteed

premium price enabled by generous government subsidy. Over time, with scaling back of the

wheat subsidy, the company diversified into production of forage, olives, fruits and vegetables (processing potato & onion), with a predominantly B-2-B customer base (mainly with respect to alfalfa & processing potato) and enjoyed success in the industrial markets it operated in. 

The transformation from the mono-cropping in the early company years to the diversification of products in later years has taken place through four planning phases in the past 30 years. The company started with budget base-planning through the period 1983-1986; the planning based on predictions of market needs through the period 1987-2000; strategic planning in consideration to market completion through the period 2001-2006; and strategic management from 2007 up to now where we tried hard to build our own future through specializing in

Fruits  &vegetables, beside capitalizing in olive oil production.

 

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