A main Kenyan warehouse and logistics service supplier Cold Solutions, says it will make investments USD 70 million to assemble the biggest cold 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 efficient in the area. The chilly chain facility is flexibly designed to cater for numerous temperature ranges from +26 to -40 C and multiple product ranges, from recent fruit and greens, to prescribed drugs and vaccines, meats and poultry, and frozen meals.
Cold Solutions Kenya is a portfolio company of ARCH Cold Chain Solutions East Africa Fund, a private fairness fund suggested by ARCH Emerging Markets Partners Limited (ARCH).
“Cold Solutions’ one-stop-shops are designed to permit businesses to keep monitor of products in real-time and facilitate transportation across East Africa by way of temperature-controlled vehicles, either within the internal metropolis or to long-haul destinations,” 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 consumer. This can 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 cold storage complex to Tatu Industrial Park, which is home to more than 50 Kenyan, East African and multi-national businesses constructing best-in-class facilities in Kenya’s first operational Special Economic Zone.”
Tatu City is a 5,000-acre, mixed-use improvement with houses, colleges, places of work, a shopping district, medical clinics, nature areas, a sport and leisure complex, and manufacturing area for greater than a hundred and fifty,000 residents and tens of 1000’s of day visitors. Schools and businesses are already open at Tatu City, and a spread of homes fits all incomes. Tatu City represents a new way of life and pondering for all Kenyans, creating a singular stay, work and play surroundings that is free from traffic congestion and long-distance commuting.
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