Qatar agribusiness invests in Australia 17 March 2010 The Hassad Food Group, based in Qatar and backed by the Qatar Investment Authority, has made a major agribusiness investment in Australia. Hassad has announced the purchase of the prized 2,630 hectare Kaladbro Estate in western Victoria near Mt Gambier, South Australia’s major regional livestock centre.
This prime Australian agricultural land was available to international investors and provides production capacity for extensive livestock & cropping operations. The chairman of the Hassad Group, Nasser Mohamed Fahid al Hajri, indicated that the company’s investment in Australia was for the long term and that the property would be used to produce livestock for overseas markets. More information |