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 will build a hub at Tanjung Manis in Sarawak, Malaysia, which is home to more than 77,000 hectares of agricultural land, mainly for the production of pharmaceuticals and halal food.
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.
Ce recentrage sur la production locale ne signifie pas que le Qatar abandonne sa politique d'acquisition de terres à l'étranger.
As African countries struggle to make use of their vast land resources to improve food production because of climate change, Qatar, like other Gulf States and emerging economies such as China, is leasing and buying land in Africa.
“When things are mortgaged up to the hilt and the banks are involved then it’s either bank ownership or foreign ownership,” says South Australian sheep farmer Brian Wilson
Richissime, le pays investit à tout-va à l’étranger : acquisition de terres agricoles en Australie pour s’assurer à terme une auto-suffisance alimentaire, construction de la plus haute tour de l’Union européenne à Londres, rachat du PSG…
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