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01 Apr 2017

Agricultural Development Fund has signed a cooperation and training agreement with National Aquaculture Group

MOU has been reached between:


Agricultural Development Fund, represented by / Muneer ben Fahd Alsahly – GM Agricultural Development Fund. First Party

National Aquaculture Group, represented by / Eng. Ahmad ben Rasheed Alballaa – Chairman. Second Party



Agricultural Development Fund and National Aquaculture Group are willing to boost their mutual cooperation, and recognize the importance of cooperation and consultation for the common interests and success of aquaculture industry in KSA through implementation of joint training project and exchange of scientific and technical information available to both parties. This will contribute to development of agricultural sector, reflecting an increase in its contribution to national economy.


Based on understanding of the importance of activating cooperation between the Fund and National Aquaculture Group to achieve benefit for both parties and maximize their contribution to comprehensive agricultural development.


Therefore, the two sides agreed to cooperation between the Fund and National Aquaculture Group in the field of training on the following fields:


Shrimp farming

Fish farming

Feasibility study

Food and food processing

Products marketing