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Traders Confident in Foreign Investment Hub’s Potential

by TNC
July 31, 2025
in English
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Breaking: New East Africa Commercial and Logistics Centre to Revolutionize Tanzanian Trade

Dar es Salaam is set to witness a groundbreaking economic transformation with the launch of the East Africa Commercial and Logistics Centre, scheduled for August 1, 2025. This innovative facility, located at the former Ubungo bus terminal, promises to redefine commercial infrastructure and create unprecedented business opportunities.

The state-of-the-art complex will feature over 2,000 shops, advanced laboratory facilities, flexible office spaces, and comprehensive parking solutions designed to accommodate both local and international businesses. Regional authorities emphasize that the centre represents a strategic initiative to enhance economic growth and create a robust, business-friendly ecosystem.

Key highlights of the centre include its comprehensive one-stop approach, integrating logistics companies, financial institutions, customs, and tax offices to streamline import-export operations. The facility aims to empower Tanzanian traders by facilitating direct product sourcing from international suppliers, potentially reducing import costs and optimizing foreign currency expenditure.

Regional Commissioner Albert Chalamila highlighted the centre’s potential, stating, “This initiative follows successful urban redevelopment models and represents our commitment to driving economic expansion through innovative infrastructure.”

Beyond immediate trade benefits, the centre is strategically positioned to support Tanzania’s semi-industrialization goals by 2025, promoting increased exports and fostering enhanced trade relationships with neighboring markets like Rwanda and Burundi.

The project underscores a forward-thinking approach to economic development, offering local entrepreneurs and international investors a transformative platform for growth and collaboration.

Tags: ConfidentForeignHubsInvestmentPotentialtraders
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