Dr Mgimwa said the loan will be used to construct  the entity’s head offices, establish data centres and procure facilities  for the national identity project. “Completion of the data centres for  the project will enhance the government plan to execute its development  strategies,” said Dr Mgimwa.
He emphasised that national identity cards were  crucial for the country’s development planning as they enable the  government to collect important statistics related to population,  revenue, migration, safety and residence. Dr Mgimwa promised the Exim  Bank that the loan given will be used to implement the project according  to the agreement.
With the Sh86.880 billion soft loan signed the  total of the Southern Korea’s loans to Tanzania government stands at  Sh582.400 billion, most of which has been injected in development  projects.
In his speech, Mr Kim said with the loan given,  the completion of the project will give room for the Tanzanians who have  attained age of more than 18 to get an ID before 2015, the election  year in the country.
Mr Kim said they were impressed by efforts being  made by Tanzania to benefit from S. Korean technology of e-government,  smart cards and finger printing.
He also announced that the Export-Import Bank of  Korea has committed to increase its loan agreement for the Economic  Development Cooperation Fund from the current 20 per cent to 25 per cent  soon.
“The support will also benefit Tanzania among other beneficiaries of the fund,” said Mr Kim.
Mr Kim also noted that his government is ready to  increase its support to Tanzania in areas of natural resources like the  recently discovered gas among others which will help to enhance the  Public and Private Partnership “PPP”.
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