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Sovereign Wealth Funds Briefing - Categorized | Ethical/Green Investments, Market

Hassad ‘can meet 60pct of Qatar’s food needs now’

Posted on 10 June 2013

Hassad Food Company (HFC) can meet around 60% of Qatar’s total food needs as a result of the massive investments it has made abroad, top officials said. The food produced and procured by the government-owned company comprises meat, poultry, fish, grains, sugar, vegetables, fruits and processed items, company chairman Nasser bin Mohamed al-Fahid al-Hajri said.
“Our company has expanded its global footprint over the last five years. We now have the capacity to provide for 60% of Qatar’s food requirements.” HFC is a wholly-owned subsidiary of Qatar Holding which is one of the operating arms of the Qatar Investment Authority (QIA), the sovereign wealth fund of Qatar………………………………………..Full Article: Source


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