"We are not closing the book on farmlands, but for the time being we are focusing on other layers of the chain," says vice president for business development at Hassad Food.
A senior official of the Brazilian embassy in Doha says Qatar Investment Authority, specifically Hassad Foods, has expressed interest in acquiring land in Brazil.
Over the past few years Hassad Australia has amassed a property portfolio of 14 major wheat and sheep farms or clusters of properties across four states, covering 287,000ha.
In four years, Hassad Foods has accumulated 255,000 hectares of agricultural land with the aim of producing 165,000 tonnes of grain and 100,000 lambs annually.
Hassad Food Co., the agricultural investment arm of Qatar’s sovereign wealth fund, plans to invest $500 million in India after buying Bush Foods Overseas Ltd.
Hassad Australia chief executive Tom McKeon said the company employed people from local communities, supported local businesses and paid tax. The company owns 11 farms over 250,000ha in Australia, including three in WA.
Hassad Food Co, the agricultural investment arm of Qatar’s sovereign wealth fund, has bought a majority stake in an Indian basmati rice company for more than $100m, it was reported on Wednesday.
Qatar has plans to expand its food security options in Pakistan and the state-owned corporation, Hassad Food, has opened an office in Lahore, Pakistan’s ambassador Mohamed Sarfraz A Khanzada told Gulf Times in an exclusive interview.
A Qatari Government-owned company is buying up prime agricultural land in South Australia at well above market rates and is forcing farmers to sign confidentiality agreements.
Egypt's Prime Minister received Sheikh Nasser bin Mohamed Al Hageri, the head of the Qatari Hassad Foodstuff Company who is currently visiting Egypt to explore agricultural investments.
Mawashi, Qatar’s livestock company, plans to invest in industrial agriculture and food sources outside Qatar to serve the vision and objectives of the Qatar National Food Security Programme, it was announced yesterday.
