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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

Moo-ving forward? Qatar’s next big purchase- a farming sector

Posted on 06 January 2012

Like other oil-rich, water-poor Gulf states, Qatar has been investing in large areas of farmland overseas to ensure access to food supplies. The agricultural arm of Qatar’s sovereign wealth fund, Hassad Food, has bought land in Sudan and Australia, and has announced plans to spend hundreds of millions of dollars on agricultural projects in countries including Kenya, Brazil, Argentina, Turkey and Ukraine.
But in contrast to the other Gulf states, Qatar also aims to produce most of its food domestically, by spending massively to boost crop yields and convert semi-desert into agricultural land………………………………………..Full Article: Source


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