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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments

QIA’s Hassad Food eyes new investments in Pakistan

Posted on 15 March 2013

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 said. Hassad Food was established by the Qatar Investment Authority in 2008 with a capital of $1bn to secure food supplies through agricultural investments worldwide.
It was after the then prime minister Yousaf Raza Gilani’s visit to Qatar in February 2012, Hassad Food showed interest in making investments in Pakistan. Khanzada said Qatar was already getting rice from Pakistan. In April, 2012, Hassad Food had announced the launch of “Nathry Extra Long Basmati Rice” that mainly came from Pakistan………………………………….Full Article: Source


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