I had conversations with President Ravalomanana about this idea. We both agreed that it offered a promising future for Madagascar, but there was never any agreement, and this was never the source of any popular protest because it was never publicly disclosed. The popular protest you're referring to was about a report of an agricultural development deal between Madagascar and Daewoo, and as I said, it was a purported deal that was not in fact a deal.
On May 28th, 2012. See this statement in context.