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| NADEC’s four dairy farms, with a total
of 25,000 head, produce around 130 million
liters of milk a year. |
The National
Development Company (NADEC) was established
in 1981 in order to maximize the agricultural
capacity of Saudi Arabia to the benefit
of the economy and to help in the promotion
of self-sufficiency. The government holds
a 20% share in the company, but the rest
is in the hands of the Saudi public, meaning
that while it conforms to the values and
traditions of society it is run along commercial
lines. I have about 25,000 shareholders
for whom I must deliver a profit,
says Abdulaziz M. Al-Babtain, Director
General of NADEC. The firm posted SR3.8
million ($1 million) in profits for the
first quarter of 2004.
With a strong
emphasis on quality, Nadec produces dairy,
beef and dates in vast quantities
it delivers around 1,200 tons of dried dates
and 130 million liters of milk each year,
and owns four cattle farms holding a total
of 25,000 head. These figures are likely
to grow; by 2010 the population of Saudi
Arabia is expected to reach 29.21 million,
and the corresponding volume of demand for
dairy products alone is expected to rise
to 1.8 million metric tons by the same year.
This means that domestic production needs
to expand by 32.4% over the next four to
six years.
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ABDULAZIZ M. AL-BABTAIN
Director General of NADEC |
One of the kingdoms
largest companies in the agriculture and
agribusiness sector, NADEC has a self-professed
mission: to provide healthy and nutritious
food to society while maintaining a leading
position in the market through the timely
introduction of new products. Recently,
the company revamped its image, which reflects
in a new logo, a redesigned packaging and
an expansion in the product line. The
future of NADEC lies in providing innovation
and being modern, says Mr. Al-Babtain.
We are trying to increase our sales
through observing the requirements of our
consumers. The company focus is currently
on marketing, which means applying new policies
in marketing, sales, advertising and production.
Sales increased by 16% in the first quarter
of 2004 over the same period the previous
year.
NADEC has been
working towards full Saudization for the
last 20 years and it is now not far off
the mark. The companys mission statement
includes finding the best staff and then
keeping them by providing benefits, job
security, good working conditions and training.
The companys commitment to social
development on a national level means that
training opportunities are also provided
for students and university graduates.
Mr. Al-Babtain
has been in the agriculture sector for many
years and is deeply committed to the company
and the country. I feel that I can
perform well as an agronomy engineer, as
a marketer and as a manager. I have clearly
defined targets for myself and I am working
to reach them, he concludes.
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