Hassad Food Set To Buck 'Land Grab' By Pursuing Investments

Qatar's Hassad Food, an arm of the resource-rich state's sovereign wealth fund, is set to go against the Gulf Co-operation Council (GCC)-region trend of aggressively pursing farmland in developing countries. Hassad will instead pursue equity investments in existing agricultural companies. While Qatar's unflinching dependence on imports to feed its wealthy population means that food security will remain a core focus, Hassad will be equally determined to earn returns on its investments. Although Qatar's population stands at just 1.6mn, the GCC-member states unwavering demand for food imports is likely to continue increasing at pace. Through to 2018, BMI has forecast Qatar's

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