TANZANIA, Aug. 3 -- ANALYSTS and economists have welcomed the launch of the East Africa Commercial and Logistics Centre (EACLC), hailing it as a significant milestone that strengthens Tanzanias path toward industrialisation, accelerates economic growth and advances its drive to attain upper middle-income status.

They said that the EACLCs establishment serves as a strategic hub to bolster diplomatic relations, especially in economic cooperation, placing Tanzania as a trusted regional partner and a key market for China.

The centre was inaugurated on Friday at Ubungo in Dar es Salaam by President Samia Suluhu Hassan.

Speaking yesterday via a telephone interview with the ‘Sunday News, business expert and a senior lecturer at St Augus...