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.
Politicians and economists say that the Australian public is only worked up about foreign ownership of agricultural land because the community is misinformed. This drives the belief that a register of foreign land holdings will calm everyone's anxiety. Given that Queensland has had such a register for 20 years, and that disquiet about foreign ownership still resonates among Queenslanders, this means that something else is at play.
We are interested in the opportunity of farming in Nigeria and we are happy that the government is facilitating that process," says Hassad Food Operations and Asset Management executive director Andrew Goodman.
Qatar’s sovereign wealth fund, with an estimated $100 billion in assets, expects to start exports of grains and wool from Australia as it nears completion of a $486 million farm investment plan
Hassad Food Co, the agricultural investment arm of Qatar’s sovereign wealth fund, may invest 500m euros this year to increase food supplies for the desert emirate, the company’s chairman said.
Hassad Foods' farmland purchases in Australia are guided by a risk minimising strategy. The lands are distributed across different climes and water regimes over a wide geographic area.
With the purchase of nearly 15,000ha of land in Jerramungup last month, the Qatar-based Hassad Food Company now owns 250,000ha of farmland in Austalia