Dodoma. The Tanzanian government has invited companies from South Korea to invest in the country’s mining sector, underscoring the availability of wide-ranging opportunities in mineral exploration, value addition and the deployment of modern mining and processing technologies, particularly for critical and strategic minerals.
The call was made on January 28, 2026, in here in the city by the Deputy Permanent Secretary in the ministry of Minerals, Ms Msafiri Mbibo, during a meeting with a South Korean delegation comprising officials from the Korea Trade-Investment Promotion Agency (KOTRA) and representatives of HD Construction Equipment, a South Korea-based manufacturer of industrial and mining equipment.
Ms Mbibo said the government’s outreach to South Korean investors formed part of Tanzania’s broader drive to consolidate its position as a hub for strategic investment in Africa.
She noted that the mining sector remained a priority area, supported by ongoing policy and legal reforms designed to attract capital that brings advanced technology, technical expertise and a long-term investment outlook.
She explained that recent reforms in the sector were deliberately structured to encourage in-country mineral processing, the establishment of downstream industries and the transfer of modern technologies, all aimed at maximising the value derived from Tanzania’s mineral wealth.
“Tanzania is ready for strategic partnerships that expand employment, enhance domestic revenues and strengthen the country’s competitiveness at the global level,” Ms Mbibo said.
“We welcome investors who can provide modern solutions across the entire mining value chain, from exploration to value addition within the country, with a particular focus on critical and strategic minerals.”
She added that the government was keen to work with partners capable of supporting sustainable mining practices while contributing to industrial development and skills transfer.
On his part, the deputy director and Trade Commissioner at the KOTRA Dar es Salaam office, Mr Kim Sangwoo, said South Korea was seeking to scale up its investment footprint in East Africa through commercially viable and accountable projects.
He described Tanzania as one of the countries in the region offering a favourable and predictable investment climate.
Mr Kim noted that stronger cooperation in mining and related industries would not only benefit investors but also support Tanzania’s development objectives through technology transfer and industrial growth.
Meanwhile, the General Manager of HD Construction Equipment, Mr Soohong Min, said South Korean companies possessed extensive experience in advanced mining technologies, modern heavy equipment and efficient production systems.
He said these capabilities could significantly support Tanzania’s agenda of mineral value addition and industrialisation.
He added that Korean firms were ready to explore partnerships that align commercial interests with Tanzania’s long-term development priorities in the mining sector.
