A leading Kenyan warehouse and logistics service supplier Cold Solutions, says it’s going to make investments USD 70 million to construct 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 superior and efficient within the region. The cold chain facility is flexibly designed to cater for numerous temperature ranges from +26 to -40 C and a quantity of product ranges, from recent fruit and greens, to pharmaceuticals and vaccines, meats and poultry, and frozen meals.
Cold Solutions Kenya is a portfolio company of ARCH Cold Chain Solutions East Africa Fund, a non-public equity fund advised by ARCH Emerging Markets Partners Limited (ARCH).
“Cold Solutions’ one-stop-shops are designed to allow companies to maintain monitor of merchandise in real-time and facilitate transportation across East Africa through temperature-controlled vans, either throughout the inside 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 meals in Sub-Saharan Africa perishes before it reaches a consumer. This can be as high as 60% for contemporary 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 home to greater than 50 Kenyan, East African and multi-national companies constructing best-in-class amenities in Kenya’s first operational Special Economic Zone.”
Tatu City is a 5,000-acre, mixed-use improvement with houses, schools, workplaces, a purchasing district, medical clinics, nature areas, a sport and entertainment complex, and manufacturing space for more than 150,000 residents and tens of thousands of day visitors. Schools and businesses are already open at Tatu City, and a spread of properties suits all incomes. Tatu City represents a new way of life and considering for all Kenyans, creating a novel live, work and play environment that is free from site visitors congestion and long-distance commuting.