WEKEZA TANZANIA: MAPYA JUU YA UWEKEZAJI MKUBWA WA KITUO CHA BIASHARA UBUNGO
THE East Africa Commercial and Logistics Centre Project being implemented at a cost of 110 million US dollar (about Tsh 275bn/-) at Ubungo District in Dar es Salaam has reached 80 per cent and is expected to strengthen trade and accelerate the growth of the entire Eastern Africa economy.
EACLC Project General Director, Ms Cathy Wang made the statement yesterday shortly after hosting the Tanzania Investment Centre’s (TIC) Board of Directors’ Chairman, Dr Binilith Mahenge who was accompanied with other TIC’s officials to inspect the progress of the notable business hub project.
Ms Wang said the project, funded by China’s private investors, which officially kicked off in April this year has reached 80 per cent, where about 70 million USD (about Tsh 175bn/-) has already been invested, noting by December this year the structure of the centre will be completed while overall completion that entails decoration is expected by June 2024.
