Tanzania lures global investment opportunities in railways, ports and infrastructure projects

SEOUL: TANZANIA has showcased major investment opportunities in railways, ports and other strategic infrastructure projects as it seeks Korean and international partners to finance, develop and provide technology for the country’s infrastructure priorities.

This took place when the Minister for Works Abdallah Ulega led a high-level Tanzanian delegation to the Global Infrastructure Cooperation Conference (GICC) 2026 in Seoul, where Tanzania engaged investors, financial institutions, engineering companies and development partners on infrastructure financing and implementation.

In a statement issued by the Tanzania’s embassy in Seoul, Korea during the high-level multilateral meeting, Minister Ulega described Tanzania as a strategic trade and transport gateway linking Eastern, Central and Southern Africa, while inviting Korean and international partners to participate in financing and delivering priority infrastructure projects.

Also, Deputy Minister for Transport David Kihenzile separately presented investment opportunities in the transport sector, with emphasis on railways, ports and related infrastructure.

The Deputy Minister called on Korean companies and investors to explore partnerships with Tanzania in infrastructure development, financing, technology transfer, technical expertise and human-resource development.

Kihenzile also held discussions with Korean stakeholders on railway and other transport infrastructure, technology and capacity development, while the Tanzanian delegation engaged the Korea Overseas Infrastructure & Urban Development Corporation (KIND) on project preparation, development and financing, including Public-Private Partnerships.

On the sidelines of the conference, Minister Ulega also engaged in talks with the Vice Minister of Land, Infrastructure and Transport of the Republic of Korea on strengthening government-to-government cooperation and increasing Korean participation in Tanzania’s priority infrastructure projects.

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The delegation also held technical engagements with Korean institutions and facilities including the Incheon Bridge, Korea Expressway Corporation Traffic Management Centre, Sung Shin Rolling Stock Technology, the Public and Private Infrastructure Investment Management Center and Korea Railroad Corporation.

The engagements provided opportunities for Tanzania to exchange experience on infrastructure planning and management, PPPs, intelligent traffic systems, railway operations, technology application and capacity building.

GICC 2026, hosted by Korea’s Ministry of Land, Infrastructure and Transport and organised by the International Contractors Association of Korea, brought together about 500 participants from 32 countries, including government leaders, investors, financial institutions and infrastructure companies.

Tanzania’s participation has opened further discussions with Korean public and private-sector partners on infrastructure investment, financing, technology transfer and implementation of priority projects, with the Tanzanian Embassy in Seoul expected to facilitate follow-up between the two countries’ institutions.