East Africa Commercial and Logistics Center is expected to open in Tanzania’s capital city, Dar es Salaam, in June 2024, providing trade and investment opportunities for the public. The East Africa Commercial and Logistics Center is a reflection of that commitment, Wang noted, adding that construction of factories can be started when the market is relevantly mature. Meanwhile, the Deputy Minister of Investment, Industry, and Trade Exaud Kigahesaid said the 47th International Trade Fair was an opportunity for Tanzanians to build networks with Chinese companies and do business with them. He also noted that rather than needing to fly to China, the Chinese might establish businesses here and manufacture goods locally. In order for Tanzania’s economy to expand, he claimed, Tanzania should be the key to East Africa and Central Africa.

Source: The North Africa Journal July 13, 2023 01:19 UTC