Hassad's Investments Reach QR 2.5 Billion

Doha , January 29 (QNA) - Hassad's Food total investments inside and outside of the State of Qatar reached QR2.5 billion, Advisor to Hassad's board of directors Dr. Hamad Sa'ad Al Sa'ad said Sunday. The advisor was speaking on the margins of a workshop on the technical agricultural and environmental applications. Speaking exclusively to Qatar New Agency (QNA), Al Sa'ad said that Hassad's investments outside of Qatar are worth QR 1.5 billion. All of which are in the field of meat, rice and grain among other agricultural products. He added that the other billion dollars are invested in Qatar, particularly in vegetables, chicken, roses and dates. The advisor to the board of directors said that Hassad invests in countries that have plenty of water, arable land where there are no technical challenges in agriculture. He noted that the main challenge that faces the GCC is to find new, advanced agricultural techniques that can overcome the weather and water challenges in the region. He described such challenges as "great" and called on the private and research sector to work together to find suitable solutions to these issues. On the workshop, Al Sa'ad said that Hassad is looking to develop new agricultural techniques to enhance Qatar's and the GCC's food security. He added that food security is something Hassad is actively looking to enhance by providing local agricultural opportunities. Hassad food was established in 2008 with the aim of becoming a world-wide recognized producer. The leadership of Hassad food identified its strategic aim as investing in mainstream, long-term agricultural projects across the globe in order to secure Qatar's and the region's food security. (QNA)