*Pact aims at exploring investment opportunities in agricultural and food sectors
Hassad Food, Qatar’s premier investor in the food sector, has signed a memorandum of understanding (MoU) with the government of Rwanda, represented by the Rwanda Development Board, in a ceremony held on Thursday in Doha.
The MoU, signed by Hassad Food CEO Mohamed Badr al-Sadah and Rwanda Development Board CEO Clare Akamanzi, aims to start co-operation between the two sides, and explore possible investment opportunities in the agricultural and food sectors.
Hassad Food CEO al-Sadah said: “We’ve signed the memorandum of understanding with the Rwandan side in line with Hassad’s new vision and strategy to become a successful strategic investor in the global food and agriculture value chains. We are currently working on identifying suitable business opportunities in several countries, as well as signing agreements that are in line with Hassad’s new strategy.”
Hassad has several investments in Qatar, Australia, and Oman, and currently planning for future investments in several other countries.
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