A main Kenyan warehouse and logistics service supplier Cold Solutions, says it will make investments USD 70 million to construct the most important chilly chain facility in East Africa to deal with challenges that face transportation of perishable goods.
Cold Solution’s 15,000 sqm flagship facility in Tatu City Special Economic Zone in Nairobi will be the largest, most superior and efficient in the area. The cold chain facility is flexibly designed to cater for quite a few temperature ranges from +26 to -40 C and a number of product ranges, from fresh fruit and greens, to prescribed drugs and vaccines, meats and poultry, and frozen meals.
Cold Solutions Kenya is a portfolio firm of ARCH Cold Chain Solutions East Africa Fund, a personal fairness fund advised by ARCH Emerging Markets Partners Limited (ARCH).
“ Off the record ’ one-stop-shops are designed to allow businesses to maintain track of products in real-time and facilitate transportation across East Africa by way of temperature-controlled vans, both within the inside city 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 earlier than it reaches a shopper. This could be as excessive as 60% for fresh produce in Sub-Saharan Africa.
Chris Barron, Kenya Country Head for Rendeavour, Tatu City’s proprietor and developer, says, “We are delighted to welcome Cold Solutions’ transformational chilly storage complicated to Tatu Industrial Park, which is house to greater than 50 Kenyan, East African and multi-national businesses building best-in-class services in Kenya’s first operational Special Economic Zone.”
Tatu City is a 5,000-acre, mixed-use growth with properties, faculties, offices, a purchasing district, medical clinics, nature areas, a sport and leisure complicated, and manufacturing area for more than one hundred fifty,000 residents and tens of 1000’s of day guests. Schools and businesses are already open at Tatu City, and a variety of homes suits all incomes. Tatu City represents a new way of life and considering for all Kenyans, creating a singular reside, work and play surroundings that’s free from traffic congestion and long-distance commuting.
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