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Monday, March 21, 2011

Hassad Food Seeks Turkish Farmland, Invests $500 Million in 2010

"Hassad Food Seeks Turkish Farmland, Invests $500 Million in 2010
By Amir Ibrahim Ali Shabana - Mar 21, 2011 11:07 AM GMT+0200

Qatar’s Hassad Food, a unit of the country’s sovereign wealth fund, plans to purchase farmland in Turkey to grow crops and raise livestock, the company’s chairman said.

Hassad is in negotiations with the Turkish government over the farmland, Nasser Mohamed al Hajri said at a meeting in Doha, Qatar, late yesterday. "

More:Hassad Food Seeks Turkish Farmland, Invests $500 Million in 2010 - Bloomberg