Tabuk Agricultural Development Co. (TADCO) extended a memorandum of understanding (MoU) with TOPIAN Ltd. (NEOM Food Co.) to plan, develop, construct, and operate a hydroponic greenhouse to produce fruits and vegetables for six months, starting April 17, 2025.
In April 2024, TADCO signed a non-binding MoU with TOPIAN to plan, develop, construct, and operate a hydroponic greenhouse to produce fruits and vegetables at TADCO’s site in Tabuk, Argaam reported.
In a statement to Tadawul, the company said that the extension aims to allow additional feasibility work and the preparation of required reports, such as environmental and social impact assessment, and infrastructure.
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