Plans are underway for the construction of EACLC commercial and logistics center in Dar es Salaam, the country’s capital.
A Chinese company is investing in the construction of the modern facility which will be owned by the East Africa Commercial and Logistics Center (EACLC). The Tanzanian Prime Minister Kassim Majaliwa promised the government’s full support.
The EACLC commercial and logistics center in Dar es Salaam will be situated at the former Ubungo Bus Terminal. It will span 75,000 square meters in size and contain more than 2,000 shops.
Reportedly, the facility will have four operational areas upon its completion. These are a commercial theme trading area, a central business district, a leisure service supporting area, as well as a comprehensive logistics supporting area.
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According to Majaliwa, the center which has an initial investment of more than $100 million is strategic. He claimed that it will house both small and large shops, which will contribute greatly to developing the economy. The project will also expand many Tanzanian opportunities, and small businesses will also be offered a chance to carry out their activities outside the facility.
He stated that the project would earn the country a large income based on the instructions in the CMM Manifesto for 2020–2025. As per the Prime Minister, the shops will sell agricultural equipment, household items, clothes, as well as other industrial products.
The initial commencement date for the construction of the EACLC commercial and logistics center in Dar es Salaam
Initially, the project was expected to commence in 2015, according to Cathy Wang, director of the East Africa Commercial and Logistics Centre, but it began in December 2022.
The director said that they are determined to establish this leading strategic project in the region for services and products. This would be through copying the Yiwu Market model of China as well as Dubai’s DragonMart.
According to her, the project would facilitate small business development in Tanzania. It would also facilitate the expansion of businesses in the larger African market. She also claimed that the relationship between Tanzania and China has been strengthened thanks to the company.