Le projet Daewoo dans le flou.

Panja Ramanoelina, ministre de l'Agriculture, de l'élevage et de la pêche, et Marius Ratolojanahary, ministre de l'Aménagement du territoire, de la réforme foncière et des domaines insistent sur le fait que le projet agricole de Daewoo Corporation n'en est qu'au stade de prospection de terrains.

Madagascar : Daewoo gagne le gros lot

Le sud-coréen Daewoo va se lancer dans la culture de maïs et la production d'huile de palme à Madagascar, où le groupe bénéficie d'une licence d'exploitation de terres immenses pour une durée de quatre-vingt-dix-neuf ans.

Madagascar enthusiastic at corn deal with Daewoo

Madagascar officials are enthusiastic about a company's big farming plans for an undeveloped area but say the deal won't go ahead if it threatens the island's unique ecology. An environmental impact assessment was to begin shortly, the Malagasy Environment Office said Thursday.

Daewoo leases Madagascan land for crops

A lot of countries don't grow nearly enough food to feed themselves. Britain is one; South Korea, another. The giant South Korean conglomerate, Daewoo, has come up with a novel way of solving the problem of food security. It has leased a vast tract of land, 1.3 million acres, on the African island of Madagascar.

Welcome fades for wealthy nations

The initial welcome given to rich countries’ investment in African farmland by agricultural and development officials has faded as the first ventures prove to be heavily weighted in favour of the investors. The FAO warned of such a trend when it said this year that the race to secure farmland overseas risked creating a “neo-colonial” system.

Daewoo Logistics Says Farm Deal May Cost $6 Billion

Daewoo Logistics Corp., a South Korean natural-resource development company, expects a project to lease vast tracts of farmland in Madagascar to grow corn and palm oil may cost about $6 billion over the first 20 years. The investment will pay for the lease costs as well as building a port, roads, irrigation, and power plants, along with schools and hospitals for locals, Shin Dong Hyun, a manager leading the project, said today by phone.

Food security deal should not stand

Pirates are not the only source of concern off the African coast. The deal South Korea’s Daewoo Logistics is negotiating with the Madagascan government looks rapacious. Alas, it is but the latest brazen example of a wider phenomenon.