A leading Kenyan warehouse and logistics service supplier Cold Solutions, says it’s going to invest USD 70 million to construct the biggest chilly chain facility in East Africa to handle challenges that face transportation of perishable goods.
Cold Solution’s 15,000 sqm flagship facility in Tatu City Special Economic Zone in Nairobi would be the largest, most advanced and efficient 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 vegetables, to prescription drugs and vaccines, meats and poultry, and frozen foods.
Cold Solutions Kenya is a portfolio company of ARCH Cold Chain Solutions East Africa Fund, a personal fairness fund suggested by ARCH Emerging Markets Partners Limited (ARCH).
“Cold Solutions’ one-stop-shops are designed to permit companies to maintain observe of products in real-time and facilitate transportation across East Africa through temperature-controlled vehicles, either inside the inside city or to long-haul locations,” stated Jared Irving, Managing Director, ARCH.
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The United Nations’ Food and Agriculture Organization estimates that over 40% of food in Sub-Saharan Africa perishes earlier than it reaches a shopper. This can be as excessive as 60% for recent 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 complicated to Tatu Industrial Park, which is residence to greater than 50 Kenyan, East African and multi-national companies building best-in-class facilities in Kenya’s first operational Special Economic Zone.”
Tatu City is a 5,000-acre, mixed-use development with homes, colleges, offices, a shopping district, medical clinics, nature areas, a sport and entertainment advanced, and manufacturing area for greater than 150,000 residents and tens of thousands of day visitors. Schools and businesses are already open at Tatu City, and a variety of properties suits all incomes. ไดอะแฟรม represents a model new way of living and thinking for all Kenyans, creating a singular stay, work and play environment that’s free from traffic congestion and long-distance commuting.