Sunday, 13 December 2009

Qatari firm seeks to bring welfare, profit sharing to agriculture ventures

Qatar has embarked on a food-security programme to make it more self-sufficient and help the communities around its farmland projects in developing countries.

Like most Gulf countries where water scarcity makes farming nearly impossible, Qatar imports about 90 per cent of its food.

“We will be self-sufficient in things that can be produced in Qatar,” said Mohammed al Hajri, the chairman of Hassad Food, which is the strategic agriculture investment arm of the Qatar Investment Authority.

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