Industry / Qatar
Hassad Food To Begin Re-Exporting Food Within One Year
August 2009 | Industry Trend AnalysisQatar's Hassad Food, an arm of the oil and gas rich state's sovereign wealth fund, has announced that it expects to be re-exporting food back to the country within the year. Charged with ensuring food security for Qatar's affluent population, Hassad is going against the tide. Rather than following the example set forth by Gulf States like Saudi Arabia, which have been actively buying up farmland in developing countries, Hassad believes it can concurrently earn returns on its investments while playing a major role in Qatar's food security push. It will instead invest in existing agricultural companies. By 2018, BMI
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