Hassad Food, Kazakh Baiterek sign MoU to support Qatar food security

Hassad Food, Kazakh Baiterek sign MoU to support Qatar food security

Hassad Food announced on Wednesday the signing of a memorandum of understanding with Baiterek National Management Holding JSC, a key institution of the government of the Republic of Kazakhstan, to study investment projects aimed at contributing to achieving food security for the State of Qatar. The MoU was signed on the sidelines of His Highness the Amir Sheikh Tamim bin Hamad al-Thani's current visit to Kazakhstan.

The MoU was signed by chief executive officer, Hassad Food, Engineer Mohamed al-Sadah, and chairman of the board, Baiterek National Management Holding, Kanat Sharlapaev. Both parties agreed to study ways of collaboration in the field of agricultural investments.

Commenting on the signing of the MoU, al-Sadah said: "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."

Baiterek is the key institution of the Kazakhstan government that meets the advanced standards of corporate governance and ensures the implementation of objectives