A Chinese- Shudao Investment Group (SDIG) has hailed the sixth phase government for putting conducive business environment which promotes smooth implementation of various projects.

SDIG with a history of over 70 years has pledged to strengthen its cooperation with the government in implementing various projects aimed at benefiting Tanzanians.

Speaking with this paper during the weekend at the ongoing 48th Dar es Salaam International Trade Fair (DITF 2024), the company’s Foreign Business Manager, An Ling said that the company will continue to come up with more investment projects to contribute to the country’s development and its people.

According to her, this cooperation has been ongoing since 2006, with the aim of uplifting Tanzania and Africa in general in the infrastructure sector.

“We happy that the government works hard to ensure that there are policies to promote investments and business growth, we have recently witnessed a set of stability with initiatives to recognise the potential of the private sector in development,” she said.

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.

She 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, Ling said the company 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,” she said.

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 $186.2 billion), annual revenue of RMB 266.0 billion (approximately $37 billion), and annual profits of RMB 11.5 billion (approximately $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.

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 tonnes of copper and millions of tonnes of gold, zinc, and other mineral resources.

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.

The company’s Foreign Business Manager An Ling at the the ongoing 48th Dar es Salaam International Trade Fair (DITF 2024).