EDCF provides the foundation for e-government system in Tanzania
□ EDCF provide a total U$135 million in loans to Tanzania's "Improvement of National Land Data Infrastructure Project" and "National ID System Expansion Project (Phase II)".
□ Yoon Hee-sung, chairman and president of the Export-Import Bank of Korea (www.koreaexim.go.kr, hereinafter "KEXIM") met with Emmanuel M. Tutuba, permanent secretary of Tanzania's Ministry of Finance and Planning, at the Seoul Government Complex in the morning of the 27th and signed a loan agreement.
□ As a follow-up to the Korean government's pledge to support loans at the end of 2021, the loan agreement was signed by Han Duck-soo, Prime Minister of Korea and Kassim Majaliwa, Prime Minister of Tanzania who are officially visiting Korea to commemorate the 30th anniversary of diplomatic ties between Korea and Tanzania.
□ Tanzania (GDP per capita of $1,177 as of 2021, with a population of about 60 million) is a logistics hub in eastern Africa and has continued cooperation with Korea with EDCF support. Tanzania has established a national long-term development strategy plan with the aim of becoming a middle-income country by 2025 and is actively pursuing policies to implement it.
□ KEXIM plans to support the Tanzania national development plan's priority projects such as Improvement of National Land Data Infrastructure Project ($65 million) and National ID System Expansion Project(Phase II, $70 million). And if the project is carried out successfully, it is expected to contribute greatly to promoting cooperation between the two countries.
□ Improvement of National Land Data Infrastructure Project is a project to create Tanzania's national basic map & land information management system, to supply ICT equipment & technology and to establish a foundation for efficient use of land & resources.
□ In particular, map data is a key infrastructure that determines the competitiveness of the information & communication technology business and essential basic data for various projects such as construction, administration and environment. In addition, it also plays a crucial role in improving the efficiency and accuracy of administrative services.
□ The project to expand the National ID System (Phase II) is a follow-up project to the "Construction of Data center for National ID System project" and aims to achieve 88% of Tanzania's citizens' National ID registration rate through this project.
□ The National ID system is a key public infrastructure for tax, welfare, medical, pension and elections. And the successful implementation of the project is expected to be an opportunity for Korean companies to enter the African e-government sector.
□ Yoon Hee-sung, chairman and president of KEXIM said, "We will strengthen the foundation for expanding our presence in Africa by supporting the EDCF in line with national development policies of Tanzania, which has recently spurred economic development through large-scale infrastructure investment."
□ He also said, "EDCF will serve as a bridgehead for Korean small & medium-sized enterprises that are producing and developing K-digital such as ICT equipment to enter the African market."