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Sovereign Wealth Funds Briefing - Categorized | Investment

Hassad Food owned by Qatar’s sovereign wealth fund, plans to acquire a sugar project in Brazil

Posted on 02 September 2010

From Investinbrazil.biz: Hassad Food, owned and controlled by the Qatar sovereign wealth fund is keen on acquiring a sugar project in Brazil. In the report, Hassad Food plans to acquire a sugar project in Brazil with a capacity to produce 25 million tons yearly.
According to the news report, the move is aimed at securing sugar supplies as it seeks to bolster its supplies. The news report quoted Hassad Food’s chairman as having reiterated the Brazilian business plans. Qatar, just like the other states in the Gulf imports most of its food requirements and securing future food supplies comes naturally as a priority for the government, said the report……………………………………….Full Article: Source


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