Hassad Food is owned and was established by the Qatar Investment Authority (QIA) in 2008 with a capital of $1 billion to secure food supplies for Qatar through agricultural investments. Hassad Food seeks to develop strategic alliances and partnerships so it can produce branded products that are in compliance with international standards. Hassad Food's current strategy is not geared towards farmlands, but is focused on investing in agricultural businesses and projects around the world and then re-exporting the produce to where it is needed. Part of Hassad Food's mission is to operate on an environmentally friendly basis while being up-to-date with the latest technology in order to generate high quality yields and to ensure sustainable growth.
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