Daewoo Logistics Corp. expressed wariness yesterday over growing political unrest in Madagascar and hoped that the situation would not affect a massive farm project it is pushing in the Indian Ocean nation. “It may be a bit of a dangerous investment,” Shin Dong-hyun, a Daewoo Logistics official, told Yonhap News Agency, commenting on spreading anti-government protests in Madagascar.
Le groupe sud-coréen Daewoo Logistics pourrait renoncer à son projet de plantation de maïs et de palmiers à huile à Madagascar. L'information a été annoncée au cours d’une conférence de presse donnée mardi par la compagnie à son siège à Séoul, capitale de la Corée du Sud.
- L'Express de Madagascar
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12 February 2009
A group of Saudi businessmen have planned to invest over SR1 billion [USD267m] in agricultural projects in Ethiopia and Sudan on a staggered schedule within next few years.
- Arab News
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11 February 2009
Chinese companies are lining up to invest in African agriculture, but governments like Senegal must do more to limit the risks for investors, a veteran Chinese investor said.
Food import anxiety is spawning an entirely new genre of trade agreements as food-importing countries seek to buy or lease large blocks of land to farm in other countries, writes Lester Brown.
- Der Spiegel
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11 February 2009
South Korea's Daewoo Logistics said on Tuesday it might delay its massive corn plantation plan in Madagascar due to political instability and weak commodity prices, a move that could signal the first withdrawal of major foreign investment from the Indian Ocean island nation.
When violence erupted in the island nation of Madagascar two weeks ago, few would have guessed that South Korean conglomerate Daewoo Logistics was partly to blame.
- Foreign Policy
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10 February 2009
La colère suscitée à Madagascar par un vaste projet agricole, conclu entre le gouvernement et la société sud-coréenne Daewoo Logistics, alimente la crise actuelle dans la Grande Ile, où la cession de terres à des étrangers est communément perçue comme une trahison.
With vast tracts of land being sold in Madagascar, and Sudan and other African governments actively seeking investors in agricultural land, are we witnessing a neo-colonial land grab or will the investment result in greater food productivity to the long-term benefit of recipient nations?
- African Business
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07 February 2009
A new scramble for arable land in Tanzania has started - the coastline and the fertile land in Northern and Southern Tanzania being the prime targets.
- East African Business Week
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07 February 2009
Somebody must have run the numbers and discovered that if it made commercial sense to practice oasis farming in the sands of Arabia, then it must make eminently more sense to invest in more fertile Sahel land for agricultural purposes.
- TradeInvest Africa
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06 February 2009
Beaucoup de Malgaches, lit-on dans la Frankfurter Rundschau, sont indignés par le marché que Marc Ravalomana a concocté avec Daewoo.
- Deutsche Welle
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06 February 2009