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FINANCIAL NEWS
Qatar plans to boost agricultural production
02 Jun 2010
(MENAFN) The Director of the Qatar National Food Security Program (QNFSP) said that Doha is placing the emphasis on home-grown agricultural production over foreign farmland buys as it seeks to increase its food security, The Peninsula reported.
Farming in the desert Gulf region is a challenge due to extreme heat, limited water supplies and high soil salinity. Despite the obstacles, Qatar and some other Gulf states are investing in technology that would help secure food supplies domestically.
Food price rises as commodities ran up to record highs in 2008 sent a shock through the Gulf, one of the world’s biggest food importing regions, and sent governments on a quest to secure future food supplies and defend against future inflationary rises in the prices of basic foodstuffs.
Only a tenth of Qatar’s around 65,000 hectares of arable land is being used for agriculture due to lack of fresh water supplies, said the official.
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BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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