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MADAGASCAR/LAND DEALBack
[Published: Thursday March 19 2009]

Madagascar leader axes land deal

Antananarivo, 19 March-(ANA)-Madagascar's new leader has cancelled a controversial deal for a South Korean firm to lease a vast tract of land to grow food crops.

Andry Rajoelina said he was axing the deal because the people should be consulted. Daewoo Logistics has reportedly expressed its frustration.

Mr Rajoelina had been heavily critical of the plan announced last year.

The deal had helped fuel popular anger against President Marc Ravalomanana, who was forced from office on Tuesday.

Correspondents say Malagasy people have deep ties to their land and this was seen by many as a betrayal by their president. (ANA)

FA/ANA/19 March 2009---


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