A leading Kenyan warehouse and logistics service provider Cold Solutions, says it will invest USD 70 million to assemble the most important cold chain facility in East Africa to address challenges that face transportation of perishable items.
weksler ea14 ’s 15,000 sqm flagship facility in Tatu City Special Economic Zone in Nairobi would be the largest, most superior and efficient within 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 contemporary 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).
“Cold Solutions’ one-stop-shops are designed to permit companies to maintain track of merchandise in real-time and facilitate transportation across East Africa via temperature-controlled vehicles, both within the inner city or to long-haul destinations,” mentioned 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 could be as excessive as 60% for contemporary 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 advanced to Tatu Industrial Park, which is home to more than 50 Kenyan, East African and multi-national businesses building best-in-class facilities in Kenya’s first operational Special Economic Zone.”
Tatu City is a 5,000-acre, mixed-use development with properties, colleges, workplaces, a buying district, medical clinics, nature areas, a sport and entertainment advanced, and manufacturing area for more than one hundred fifty,000 residents and tens of hundreds of day visitors. Schools and companies are already open at Tatu City, and a spread of houses fits all incomes. Tatu City represents a new way of life and considering for all Kenyans, creating a singular live, work and play surroundings that’s free from traffic congestion and long-distance commuting.
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