| From Thenational.ae: Qatar’s Hassad Food knows how to shop. To help ensure a steady supply of food for the nation’s fast-growing population, the $1 billion (Dh3.7bn) subsidiary of Qatar’s sovereign wealth fund finalised a $500 million agreement last year to grow wheat and rice on 100,000 hectares in Sudan and has announced plans to invest up to $700m worldwide this year.
It is finalising the purchase of a sugar plant in Brazil capable of providing all of the emirate’s raw and refined sugar and acquiring a Brazilian poultry farm that would provide 60 per cent of its poultry and eggs. These deals come after major grain and livestock investments in Argentina and Australia..............................................Full Article: Source
|