BTW South Koreans have accepted to finance at least one phase out of the five phases for SGR.
Dar, Seoul take further steps to consolidate diplomatic ties
ippmedia.com/en/news/dar-seoultake-further-steps-consolidate-diplomatic-ties
July 23, 2018
According to a statement released by the Prime Ministerβs Office, the signing ceremony in Dar es Salaam was witnessed by Prime Minister Kassim Majaliwa and his visiting counterpart from the Republic of Korea, Lee Nak-yon.
The South Korean premier is on a three-day official visit to the country.
The Minister for Foreign Affairs and East African Cooperation, Augustine Mahiga, signed the agreement on behalf of the government while the Korean signature was appended by Lim Sung-nam, first vice minister of foreign affairs.
Addressing journalists after the signing ceremony, PM Majaliwa said the two country delegations discussed a number of issues aimed at enhancing diplomatic and economic ties.
βWe looked into how to enhance our economic partnership for the benefit of both nations. We are also going to strengthen our relationship in other sectors such as education, science, information and communication technology (ICT)β, Majaliwa said.
The premier disclosed that that Korean government has promised a soft loan to accelerate the issuance of national identity cards through the National Identity Card Authority (NIDA), and construction of the 3,200-meter Kigongo-Busisi bridge.
He said the government of Korea will also support construction of the Kazirambwa-Chaya road (42 kilometres), expansion of Dar es Salaamβs Selander Bridge, part of the Standard Gauge Railway (SGR) project, improvement of the Mloganzila health facility, and construction of five new zonal referral hospitals.
According to Majaliwa, in order to achieve Tanzaniaβs industrialization agenda and make it a middle-income nation by 2025, the government has invited Korean investors to establish businesses in various economic sectors.
He said a delegation of Korean business people will today participate in the Korea-Tanzania Business Forum organized by the Korea Business Centre, Tanzania Private Sector Foundation (TPSF), and Tanzania Investment Centre (TIC) in Dar es Salaam.
βWe have asked them to assist in promoting Tanzaniaβs tourist attractionsβ, he said.
Yesterdayβs signing ceremony was also attended by Works and Transport Minister Isack Kamwele; Energy Minister Medard Kalemani; and the Zanzibar Minister for Trade, Industry and Marketing, Ambassador Amina Salum Ally, among others.
South Korean prime minister Lee Nak-yon is visiting Tanzania to bolster economic and diplomatic relations between the two nations that were first established on April 30, 1992.
Tanzania will be among African countries to benefit from a $5 billion bilateral financial assistance package for the continent that was announced by the government of Korea and the African Development Bank at the end of the Ministerial Roundtable of the Korea-Africa Economic Cooperation (KOAFEC) in Busan, Korea in May this year.
Korea-funded projects include the improvement of health care services for mothers and newborns and construction of a mother-and-child hospital in Chanika, and construction of the new medical centre run by the Muhimbili University of Health and Allied Sciences (MUHAS) in Mloganzila, Kwembe on the outskirts of Dar es Salaam.
Trade volumes between Tanzania and South Korea reached $84 million during the first five months of the current calendar year. In 2016, trade between the two countries reached almost $200 million.