power grab, land grab, and tv on the internet02.03.09

I’ve been watching TV Plus Madagascar all morning! It’s incredible to be able to watch news in Malagasy (not French) like I used to when I lived there.

In other news, Daewoo Logistics just wanted to clear things up with all of us about their land grab; this is their official communication:

In response to the news recently published by several news papers and radios, locally or internationally, regarding the investment planning of Daewoo Logistics Corp.(DWL) in Madagascar. Daewoo Logistisc Corp. would like to officially explain current situation of the investment plan.

  1. DWL corp. ,as a private investor, has a strong interest to invest in agriculture field in Madagascar.
  2. For the purpose in point 1. DWL has done a land- survey to find a feasible area to cultivate.
  3. At this time, there is not yet a contract on the land between DWL and Madagascar Government.
  4. There is not yet any discussion about the fee because it will depend on the contract later, therefore the information released that DWL acquired a land for free is incorrect.

Antananarivo, Friday, November 21, 2008
Daewoo Logistics Corp.

A leter from Yong-Nam AHN President & CEO. Daewoo Logistics
To His Excellency Minister Marius Ratolojanahary,

Your Excellency Minister Marius Ratolojanahary,

I am honored and always deeply thankful for Your Excellency’s sincere interest and support for Daewoo Logistics Corporation as well as our subsidiary MFE, Daewoo Logistics’ legal entity found for the plantation business in Madagascar.

Your Excellency, I assume that Your Excellency along with many cabinet members, ministers and Malagasy people were heart broken and disturbed by the series of maliciously insulting jealousy articles aimed at both Madagascar and Daewoo Logistics from the Financial Times without requesting any interview with any of employees from Daewoo Logistics. Myself along with ail employees from Daewoo Logistics are also stunned and sad because of the Financial Times’ abusive articles that are full of errors with no information background.

We are very angry at the Financial Times’ one sided article aiming at the friendly cooperative business between the two countries with previous heart broken experience of colonial years. I wish to assure you that the articles from the Financial Times are totally not intended by Daewoo Logistics. They are solely responsible for manufacturing the article with their own intention.

We are however fortunate that other major medias such as Bloomberg. AP, AFP and Reuters are publishing fair and objective opinions.

We are truly committed and have strong intention to develop our plantation business between Madagascar and Daewoo Logistics so that Madagascar benefits from the project in economy development aspects.

I sincerely hope Malagasy people’s well being in addition to Your Excellency’s well being. I would like to take this opportunity to wish Your Excellency’s good health and Madagascar’s endless flourishing development.

Yong-Nam AHN
President & CEO. Daewoo Logistics

Sincerely yours,

I don’t even know where to start with this. If it smells like shit, it probably is shit. I hadn’t read any rumors that Madagascar was giving away the land for free. That was never the problem with this “deal”. The problem is that it will DESTROY the economy of Madagascar, with no benefit to ANYONE except the people that have the power and money, not to mention the effect that growing massive amounts of corn has on the land itself and how none of the proceeds or profits will be staying in the country. How can people not see this? I am flabbergasted. Every day that goes by that they’re actually considering this proposal is an insult to the people of that country, and every day that we don’t stand up and question the things like this that are happening all over the developing world… well, let’s just say we aren’t doing them any favors either.

BUT, it gets even more interesting this morning. Reuters is reporting that TGV will snatch power over the weekend if demands are not met. I’m not sure what the demands are. Democracy, maybe?

“We will wait until Saturday. If there is no reply or peaceful solution from the president, then we will put in place a transitional government,” he said.

And, finally this from Associated Press and the town I love most, Tamatave:

Madagascar authorities have arrested leaders of an anti-government movement based in the Indian Ocean island’s principal port city, according to news reports Tuesday and the country’s main opposition leader.

Posted in Progress reportswith No Comments →

  • You Avatar