Southern Agricultural Growth Corridor of Tanzania

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The Southern Agricultural Growth Corridor of Tanzania ( SAGCOT for short ) is a development aid program in Tanzania that aims to promote agriculture in the south of the country. A total of 3.4 billion US dollars are to be made available, of which 70 million have been approved so far (as of December 2018).

course

The project was first decided by the government in 2009 as part of the Agriculture Resolution and officially launched at the African World Economic Forum in Dar es Salaam in 2010. On March 10, 2016, the World Bank made 70 million US dollars available to support the project. The project is expected to last until 2030. As part of the project, there were disputes over land between major investors and the rural population. In January 2013, stricter rules for the acquisition of land by major foreign investors came into force.

aims

The main objectives of SAGCOT are:

  • Support for small businesses in the agricultural sector
  • improved protection against land grabbing
  • Increase in income
  • Creation of new jobs
  • Infrastructure improvement
  • Food security

500,000 people in southern Tanzania should benefit directly from the implementation of the project. The project is also part of the National Strategy for Growth and Poverty Reduction , which includes the modernization and commercialization of agriculture.

financing

The project is valued at $ 3.4 billion, with $ 2.1 billion invested directly in farms and $ 1.3 billion in infrastructure and public goods. The financing takes place via a public-private partnership, in which private donors and organizations can invest in addition to the state of Tanzania.

supporting documents