A leading Kenyan warehouse and logistics service provider Cold Solutions, says it’s going to make investments USD 70 million to assemble the biggest cold chain facility in East Africa to deal with challenges that face transportation of perishable goods.
Exclusive ’s 15,000 sqm flagship facility in Tatu City Special Economic Zone in Nairobi will be the largest, most superior 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 fresh 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 allow businesses to keep observe of merchandise in real-time and facilitate transportation across East Africa via temperature-controlled trucks, both inside the inner 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 before it reaches a shopper. This may 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 complex to Tatu Industrial Park, which is house to greater than 50 Kenyan, East African and multi-national businesses building best-in-class amenities in Kenya’s first operational Special Economic Zone.”
Tatu City is a 5,000-acre, mixed-use improvement with houses, faculties, offices, a purchasing 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 guests. Schools and businesses are already open at Tatu City, and a variety of houses suits all incomes. Tatu City represents a new way of life and pondering for all Kenyans, creating a singular live, work and play surroundings that is free from traffic congestion and long-distance commuting.
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