DAR ES SALAAM, Aug. 2 -- THE newly launched East Africa Commercial and Logistics Centre (EACLC) has been designed with a strong focus on local impact aiming to boost trade, enhance regional integration and accelerate Tanzanias industrialisation, with Dar es Salaam positioned as its epicentre.

The iconic commercial and logistic hub represents a total investment exceeding 170 million US dollars (about 430bn/-) with 75,000 square metres designed to accommodate 2,060 shops.

The EACLC is projected to reduce regional trade costs by 30 per cent, by integrating bonded storage, customs clearance, e-commerce, supply chain finance and re-export trade into one seamless platform.

EACLCs Director Dr Lisa Xiangyun made the statement yesterday while b...