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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

Arab farm investment push

Posted on 10 February 2011

From Farmonline.com.au: Former Prime Minister, Bob Hawke, is leading a push to get Arabs to invest in Australian farmland as part of a long term food security strategy for oil-rich Gulf States. Last year Qatar-based Hassad Food,an arm of the government-owned Qatar Investment Authority, made its mark as a high stakes buyer of rural property in Victoria, NSW and Queensland, while other Gulf companies have footprints here, too.
Mr Hawke, a founding member of the Australian Gulf Council (AGC), believes the combination of Saudi money and Australian farmland and farming know-how will make a good mix, and the oil rich States are keen to buy in……………………………………….Full Article: Source


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