DAR ES SALAAM: The Chinese company Shudao Investment Group (SDIG), with a history of over 70 years, has pledged to strengthen its cooperation with the Government of Tanzania in implementing various projects aimed at benefiting Tanzanians. This cooperation has been ongoing since 2006, with the aim of uplifting Tanzania and Africa in general in the infrastructure sector.
This was revealed today, July 6, 2024, by the company’s Foreign Business Manager, An Ling, at the 48th Dar es Salaam International Trade Fair, known as Sabasaba, which features various companies and institutions from both witpamojahin and outside the country.
Ling stated that with their long-term cooperation with Tanzania, SDIG, in collaboration with the Tanzanian government and other companies, has made significant strides in transportation since 2006.
“We have had a good partnership with the Tanzanian government since 2006, and this cooperation has greatly benefited both parties. We will continue to work with the government for the greater benefit of Tanzanians,” Ling said.
Ling added, “We will enhance our high-level cooperation between SDIG and Tanzania, with the primary goal of bringing real benefits to the people of Tanzania and achieving a successful future alongside our African friends.”
Speaking about new changes in domestic and international environments, An Ling said, “SDIG is taking steps to prepare for new challenges, bearing responsibility with stability, and striving for excellence. We are committed to transparent, respectful, and mutually beneficial partnerships, and we are building strategic alliances worldwide. Shudao Group is dedicated to becoming a world-class, responsible, and competitive company.”
SDIG, now a modern transportation services corporation, continues to strengthen its system by supporting transportation engineering construction, clean energy, mining, and new materials sectors, along with the integration of the financial and industrial sectors.
By 2023, Shudao Group had total assets of RMB 1.34 trillion (approximately USD 186.2 billion), annual revenue of RMB 266.0 billion (approximately USD 37 billion), and annual profits of RMB 11.5 billion (approximately USD 1.6 billion). The company employs over 60,000 people and has three subsidiaries listed on China’s stock market. In 2023, it ranked 389th on the Fortune Global 500 list.
Ling said, “Shudao Group is a leader in the highways and railways sectors, having invested in, built, and operated over 10,800 kilometers of expressways and nearly 6,400 kilometers of railways. Its world-class transportation construction technology is particularly noted in deep-water bridges, expressway pavements, and long tunnels in challenging geological conditions. The company has built over 3,000 large bridges and more than 200 long tunnels.”
Internationally, Shudao Group was the first Chinese company to enter the Nordic infrastructure market, building the Halogaland Bridge and Beitstadsund Bridge in Norway, both praised as “Bridges Close to the Aurora.”
It was also the only Chinese company involved in constructing the 1915 Çanakkale Bridge in Turkey, the world’s longest suspension bridge, and the Suez Canal Railway Bridge in Egypt, the world’s longest heavy-load double-track railway bridge. In 2024, Shudao Group successfully entered the North African market by winning the bid for the Bizerte Bridge in Tunisia, once again demonstrating its world-class construction excellence.
Shudao Group has also received several international awards, including the Gustav Lindenthal Medal and the FIDIC Award. Its subsidiary, Sichuan Road and Bridge Group, has been listed among ENR’s top 250 international contractors for several years and is one of China’s leading foreign engineering investment companies.
Beyond infrastructure, Shudao Group is focusing on emerging sectors such as mining and new materials and clean energy. Currently, SDIG holds 32 mining licenses domestically and internationally, with reserves of 10 million tons of copper and millions of tons of gold, zinc, and other mineral resources. Globally, SDIG aims to grow into a premier mining and new materials company in China, developing the industrial chain of mining and new materials.
Shudao Group also has over 20 hydropower stations along the Dadu River, Jinsha River, and other river basins. It is exploring photovoltaic and wind energy resources, aiming to build a leading global transportation and energy integration system.
The company values technological innovation as a driving force for quality development. In collaboration with leading technology companies, SDIG promotes the research, development, and application of smart transportation.
In conclusion, Ling encouraged Tanzanians to visit their booth at the ongoing Sabasaba trade fair in Dar es Salaam.
