Hassad CEO Eng. Mohammed Al Sadah being interviewed by QNA
Qatar aims to maintain 6-month stock of basic commodities at all times: Hassad CEO
Doha: Hassad Food Company has developed a rapid intervention plan to ensure food security in Qatar. In an interview with Qatar News Agency (QNA), Eng. Mohammed Al Sadah explained that Hassad can supply all types of grains, oilseeds, and wheat from several sources, including North America, South America, Turkey, Australia, and the Black Sea region.
Al Sadah drew attention to the role played by Hassad Company in securing food security for the State at times of crises as it is the State's investment arm in the food and agricultural sector.
He added that Hassad has successful models in providing all the local market needs of basic foodstuffs during crises such as the blockade in 2017 and the Covid-19 pandemic in 2020, when part of the country's food supply was affected, as Hassad, in coordination with the concerned State authorities, quickly intervened to ensure the continued supply of all products needed by the local market from several countries.
In response to a question about the strategic plans that have been put in place to cover any possible shortage of grain, wheat and oilseeds in the local market and to start implementing them in light of the shortage that could occur in all global markets due to the war in Ukraine, he explained that Hassad, along with the concerned authorities in the country, monitors the reserves of basic commodities such as wheat on an ongoing basis, and as soon as there is any decrease in the stock of any of the commodities, the company will provide the required quantities of basic commodities immediately through the company's investments and its international relations.
About the current stock of grains, wheat and oilseeds to meet the needs of the local market, Al Sadah stated that there is an effort to maintain a sufficient stock of basic commodities for at least 6 months, at all times.
Regarding the local strategic grain stores in Al-Wukair, he said that Hassad has developed strategic grain stores in the Al-Wukair area, in coordination with the Ministry of Commerce and Industry, with the aim of supporting the State's efforts to achieve self-sufficiency, which currently includes 20 ground stores, divided between warehouses for wheat and others for barley.
He added that the current total capacity reaches 250,000 tons, and Hassad is also working on expanding the warehouses, as the total capacity will exceed 300,000 tons of grain upon completion of the expansion.
He pointed out that in 2021, Hassad produced more than 3.6 million bags of barley, in addition to supplying nearly 50,000 tons of barley to approved distributors for distribution to livestock breeders.
Regarding the prices of the products that will be supplied to the local market, the CEO of Hassad Food Company explained that, in general, food prices during the past two years witnessed a continuous rise, even before the conflict in the Black Sea region, where the price index of the Food and Agriculture Organization of the United Nations (FAO) reached to its new peak.
Al Sadah said that the price hike is due to a combination of challenges such as supply constraints and supply chain challenges as well as global events such as the disruptions caused by the coronavirus pandemic.
In this context, Hassad, in coordination with its partners, will ensure that the supply and shipping operations are managed in a highly efficient manner, which contributes to a relatively low cost of the required goods.
Al Sadah highlighted the company's possession of many global investments in the food and agricultural fields, which are of a strategic and commercial nature, and which aim directly to achieve food security for the State of Qatar.
"Internationally, Hassad has invested in international institutions and companies operating in the grain, meat, poultry, livestock and fish sectors, in a number of countries such as: Australia, Canada, Turkey, Oman, Saudi Arabia, and Sudan," he said.
When referring to the company's local investments, he indicated that the company owns a number of subsidiaries, such as Aswaq company for managing food establishments, and Mahaseel for Marketing and Agricultural Services, Arab Qatari Agricultural Production Company (QTFA), the Arab Qatari for Poultry Production (Al-Waha), Aalaf Qatar Company, the Strategic Grain Stores, and the National Food CO. (NAFCO), in addition to Hassad's investment in Baladna and Widam Food companies.
About the reasons for reorganizing the company's investments in Australia, he said that Hassad made huge expansions in its agricultural investments in 2018, to form a larger and more diversified investment portfolio in Australia. So, Hassad reorganized its strategy for its agricultural investments in Australia, where the investments of Hassad Company moved to Paraway Pastoral Company Limited (Paraway), which is one of the largest owners of agricultural and food properties in Australia, which currently manages more than 4.4 million hectares, comprising 27 pastoral institutions spread over a number of regions of different nature and climatic conditions, he added.
In a related context, the CEO of Hassad Food Company explained that the companys investment portfolio is divided into the agricultural sector by 21%, the poultry sector by 23%, the meat sector by 21%, the supply and logistics sector 12%, the grain sector 14%, the dairy sector 7%, and the fish sector 2%.
About filling the shortfall in the production of vegetables in the summer, Al Sadah referred to the investment of a local harvest through the Arab Qatari Agricultural Production Company (QTFA), which owns a farm to produce vegetables, extending over an area of 200 hectares in the Al Sheehaniya area, adding that QTFA currently produces about 7,000 tons (28 varieties) of vegetables, and markets them locally.
He also pointed out that when temperatures rise in the summer period, QTFA uses different agricultural methods, including refrigerated and non-refrigerated greenhouses, as well as high-tech greenhouses, and in 2021, it activated modern irrigation systems, increased the areas of agricultural land covered instead of open fields, in addition to developing a number of farms (farming without soil) equipped with the latest irrigation technologies.
