Hassad Food

Hassad signs MoU with Baiterek to discuss investment projects that supports food security

Nur-Sultan, Kazakhstan: On the sidelines of His Highness the Amir of the State of Qatar visit to the Republic of 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 of the government of the Republic of Kazakhstan – with the aim of discussing investment projects aimed at contributing to achieving food security for the State of Qatar.

Eng. Mohamed Al-Sadah, Chief Executive Officer, Hassad Food and Mr. Kanat Sharlapaev, Chairman of the Board, Baiterek National Management Holding, signed the memorandum of understanding on Wednesday, October 12 th in Nur Sultan. Both 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.” commented Eng. Mohamed Al-Sadah, Hassad’s Chief Executive Officer.

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 labor productivity.