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|Articles - July 2011|
|Wednesday, June 22, 2011|
Page 1 of 4
By Peter Beland
Qatar is a Connecticut-sized country in the Persian Gulf that is rich in oil and natural gas, but poor in water. It has one of the highest per capita incomes in the world and its economy grew 19% in 2010. Doha, the capital city, has roughly tripled in size in the past 20 years. Because of this growth and its moonscape geography that supports little agriculture, the country imports 90% of its food. Food security is a serious issue for the small, desert country.
Qatar had developed only 12% of its agricultural potential in 2009, according to the United Nation’s Food and Agriculture Organization. It could develop an additional 115,000 acres of land, but it would require extensive irrigation. The FAO estimates it could cost as much as $3,800 to develop every two-and-a-half acres of drip-irrigated land. With annual revenue surplus for the 2010-2011 fiscal year at $12 billion, Qatar has the capital to finance it. According to arabianbusiness.com, Qatar signed a deal with Kenya in 2008 to finance a $2.3 billion deepwater port on Kenya’s coast in exchange for a lease on nearly 100,000 acres of uncultivated land in Kenya for agricultural production.
The challenges of this Middle Eastern country are not unlike those that have faced Oregon, a state with recognized leadership in sustainability, and where solutions to an arid eastern landscape have led to irrigation and farming innovations that have transformed it into some of the most productive agricultural land in the world. Morrow County alone produces enough wheat annually to give every one of Qatar’s 1.7 million residents a loaf of bread every day for a year.
Sheikh Hamad Bin Ali Bin Jassim Al-Thani has taken notice of Portland’s leadership in urban sustainability and Eastern Oregon’s high-tech, dry-land agricultural operations. As vice chairman of Qatar’s National Food Security Program and member of the ruling family — and a Portland State University alum — Al-Thani is looking to Oregon’s technological and agricultural institutions to help his country overcome its food, water and energy challenges and develop into a regional powerhouse for sustainable urban and agricultural development.
As with most things, there was no seminal moment that led Al-Thani to the Beaver State to solve his country’s problems. It was more like old friends who run into each other and offer to help one another with contacts and skills they have developed over the years.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Thursday, June 05, 2014
BY HANNAH WALLACE | OB BLOGGER
What does it take to launch and run one of these mobile food businesses?
Thursday, July 31, 2014
BY MARY SPILDE | OB GUEST CONTRIBUTOR
Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
Friday, June 13, 2014
BY CLIFF HOCKLEY | OB GUEST BLOGGER
This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.
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