Tanzanian president launches Chinese-built commercial, logistics hub
Samia said the EACLC will strengthen Tanzania's commercial ties with markets across the Common Market for Eastern and Southern Africa.
Tanzanian President Samia Suluhu Hassan on Friday officially launched the East Africa Commercial and Logistics Center (EACLC), a transformative trade and logistics complex developed by Chinese enterprise EACLC LIMITED.
Speaking at the launch ceremony in the port city of Dar es Salaam, Samia described the $170-million facility as a flagship investment aimed at enhancing regional trade connectivity and deepening economic cooperation between Tanzania and China.
More To Read
- Kenya retains lowest US export tariff under new Trump order
- EAC warns partner states against unilateral directives undermining Common Market Protocol
- Kenya to introduce mandatory digital ID for online sellers in new e-commerce crackdown
- Retailers to benefit as State moves to reduce number of business licences
- Tanzania’s ruling party CCM strengthens control ahead of 2025 general election
- Report questions AGOA’s effectiveness as deadline nears, extension talks continue
Samia said the EACLC will strengthen Tanzania's commercial ties with markets across the Common Market for Eastern and Southern Africa.
Wang Xiangyun, chairperson of the EACLC, said the facility, spanning more than 75,000 square meters and housing 2,060 shops, is the largest trade and logistics complex in Tanzania to date.
She said by integrating bonded storage, customs clearance, e-commerce, supply chain finance, and re-export trade into one seamless platform, the centre is projected to reduce regional trade costs by 30 per cent, create over 50,000 local jobs, and generate significant tax revenue to support national development.
"Since the commencement, the EACLC has contributed 22 billion Tanzanian shillings (about $8.75 million) to Tanzania's treasury, and we are committed to substantially increasing this contribution in the years ahead," said Wang.
"This project stands proudly as a flagship outcome of China-Africa cooperation under the Forum on China-Africa Cooperation. It is a living testament that when mutual respect, long-term commitment, and shared prosperity guide us, dreams develop, and ideas become infrastructure," she added.
Chinese Ambassador to Tanzania Chen Mingjian said that the country continues to attract an increasing number of Chinese enterprises, and this project is a prime example of that positive momentum.
Top Stories Today
