The Government of Tanzania has invited Turkish investors to play a key role in the country’s strategic sectors, including infrastructure, energy, and agriculture, as part of efforts to boost economic growth and strengthen bilateral relations.
The call was made by Finance Minister Ambassador Khamis Mussa Omar during a meeting with Turkish Ambassador to Tanzania Dr. Bekir Gezer and a delegation from Turkey’s EXIM Bank at the Ministry of Finance annex offices in Dar es Salaam.
Ambassador Omar highlighted opportunities in the transport sector, particularly the construction of Lot 3 and Lot 4 of the Standard Gauge Railway (SGR), with EXIM Bank expressing interest in funding these critical links.
The railway will connect Dar es Salaam to inland regions and neighboring countries, promoting regional trade.
“Completing the SGR will make Tanzania a hub for transport and trade in East and Central Africa, creating investment opportunities along the railway corridor and boosting economic development,” he said.
In the energy sector, Ambassador Omar noted Tanzania’s electricity generation has grown from 1,700 megawatts to over 4,000 megawatts, thanks to the Julius Nyerere Hydropower Project.
The government targets 8,000 megawatts by 2030 and ultimately 15,000 megawatts, calling for further Turkish investment through public-private partnerships.
On agriculture, he said Tanzania’s fertile land and abundant water resources offer huge potential. Turkish expertise can help transform the sector into a modern, technology-driven industry, supporting Tanzania’s goal to become Africa’s food basket.
Turkish Ambassador Dr. Gezer described Tanzania and Turkey as “brotherly nations” with strong ties built on trust and mutual respect.
He highlighted Tanzania’s political stability, natural resource wealth, and strategic location, which make it an attractive investment destination.
Dr. Gezer confirmed Turkey’s commitment to support Tanzania through institutions like EXIM Bank and other development initiatives.
The meeting was attended by senior officials from the Ministry of Finance, Standard Chartered Bank, and EXIM Bank of Turkey.
