Tribune News Network
Doha
On the sidelines of His Highness the Amir of the State of Qatar Sheikh Tamim bin Hamad Al Thani’s visit to Kazakhstan, Hassad Food, Qatar’s premier investor in food and agribusiness sectors, announced the signing of a memorandum of understanding with Baiterek National Management Holding JSC, a key institution in Kazakhstan. Hassad seeks to discuss investment projects aimed at contributing to achieving food security of Qatar.
Mohamed Al Sadah, Chief Executive Officer, Hassad Food, and Kanat Sharlapaev, Chairman of the Board, Baiterek National Management Holding, signed the memorandum of understanding on Wednesday (October 12) in Nur Sultan. Both the parties agreed to study ways of collaboration in the field of agricultural investments.
"It is our pleasure to sign the MoU with Baiterek National Management Holding, given that Central Asia is considered one of Hassad’s targeted strategic areas. There are promising investment opportunities for both parties in the field of agricultural investment, and we look forward to working together through this agreement to identify the suitable opportunities, in line with Hassad’s investment strategy, to contribute to achieving food security,” Said Mohamed Al Sadah.
Baiterek is the key institution of the government of the Republic of Kazakhstan that meets the advanced standards of corporate governance and ensures the implementation of objectives for the sustainable development of the economy of Kazakhstan, through its
diversification, support for
innovations, exports development, increase in labour
productivity.