A main Kenyan warehouse and logistics service provider Cold Solutions, says it will invest USD 70 million to construct the largest chilly chain facility in East Africa to address challenges that face transportation of perishable items.
Cold Solution’s 15,000 sqm flagship facility in Tatu City Special Economic Zone in Nairobi would be the largest, most advanced and environment friendly in the area. The chilly chain facility is flexibly designed to cater for quite a few temperature ranges from +26 to -40 C and multiple product ranges, from recent fruit and greens, to pharmaceuticals and vaccines, meats and poultry, and frozen foods.
Cold Solutions Kenya is a portfolio firm of ARCH Cold Chain Solutions East Africa Fund, a non-public fairness fund suggested by ARCH Emerging Markets Partners Limited (ARCH).
“Cold Solutions’ one-stop-shops are designed to permit companies to maintain monitor of products in real-time and facilitate transportation throughout East Africa through temperature-controlled vehicles, both inside the inner metropolis or to long-haul locations,” mentioned Jared Irving, Managing Director, ARCH.
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The United Nations’ Food and Agriculture Organization estimates that over 40% of meals in Sub-Saharan Africa perishes before it reaches a consumer. This could be as high as 60% for fresh produce in Sub-Saharan Africa.
Chris Barron, Kenya Country Head for Rendeavour, Tatu City’s owner and developer, says, “We are delighted to welcome Cold Solutions’ transformational cold storage complex to Tatu Industrial Park, which is residence to greater than 50 Kenyan, East African and multi-national companies building best-in-class amenities in Kenya’s first operational Special Economic Zone.”
Tatu City is a 5,000-acre, mixed-use growth with houses, colleges, places of work, a buying district, medical clinics, nature areas, a sport and entertainment advanced, and manufacturing space for greater than one hundred fifty,000 residents and tens of 1000’s of day guests. pressure gauge and companies are already open at Tatu City, and a range of houses suits all incomes. Tatu City represents a model new way of life and thinking for all Kenyans, creating a singular stay, work and play surroundings that is free from visitors congestion and long-distance commuting.
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