Daewoo

Less than two weeks ago, Daewooinformed the public through the press that it stopped its plans for large-scale plantation in Madagascar. However, it was only a diversion to keep the local press away.

Il y a moins de deux semaines, Daewoo a informé publiquement par voie de presse l’arrêt de ses projets de plantation à grande échelle à Madagascar. Toutefois, ce n’était qu’une diversion pour éloigner la presse locale.

Malagasy farmers have backed a move by the country's new president to stop a $6 billion land deal with South Korea's Daewoo Logistics, saying it would have come at the expense of local people's needs for land.

Des États à la recherche d'autonomie alimentaire et des grands groupes louent des millions d'hectares à l'étranger. Christian Bouquet, spécialiste en géopolitique, explique le phénomène.

DAEWOO logistics a le regret d’annoncer l’arrêt de ses projets de plantation à grande échelle à Madagascar pour différentes raisons

Madagascar has “definitely abandoned” a $6 billion farming agreement with Daewoo Logistics Corp., though may welcome agriculture investment in the future, Minister of Land Reform Hajo Andrianainarivelo said.

South Korea, Asia’s second-biggest grain importer, will lend money and give technology to companies to develop farms overseas to ensure the nation’s food security after prices surged last year.

Cette partie de monopoly planétaire inquiète au plus haut niveau.

A move by Madagascar's army-backed leader to nix a huge South Korean farming deal has exposed the risks of such ventures in Africa, where land remains an emotive issue prone to populist or nationalist opposition.

Deposed President Marc Ravalomanana brought the house of Madagascar down upon himself. But he has been replaced by a young untested leader who, although he has some public support, is full of himself and clearly contemptuous of democratic institutions. The result is that investment in Madagascar, and perhaps across the continent, will be hurt, writes Stephen Hayes

Le nouveau président de Madagascar a annoncé l’annulation du projet agricole de Daewoo Logistics

South Korea’s project to transform Madagascar into its breadbasket, branded by some as neo-colonial, came to an abrupt end on Wednesday when the Indian Ocean island’s new president said he would shelve the plan.