Logistics firm sets up Sh7.5b warehouse
By Lewis Njoka, July 14, 2020
Lewis Njoka
Local warehouse and logistics service provider plans to construct a Sh7.5 billion cold storage warehouse in the country.
Cold Solutions Kenya Limited, a subsidiary of ARCH Emerging Markets Partners Limited, said it will construct the facilities in Nairobi and Mombasa.
In a statement to the press, the company said the Nairobi warehouse will be located at Tatu City facility and will be operational the next one year.
The facility will handle a wide range of products including fresh fruit and vegetables, pharmaceuticals, vaccines, meats, poultry, and frozen foods.
Food security
Grade ‘A’ cold storage facilities are bigger than a typical warehouse with superior hook height, dock levelers and a large lay-down area around the warehouse.
“Cold Solutions’ one-stop-shops are designed to allow businesses to keep track of products in real-time and facilitate transportation across East Africa through temperature-controlled trucks, either within the inner city or to long-haul destinations,” said Jared Irving, the managing director, ARCH Emerging Markets Partners Limited.
The facilities will be a huge boost for food security efforts in the country considering the high post-harvest losses farmers in the country incur.
Food and Agriculture Organization (FAO) estimates that over 40 per cent of food in Sub-Saharan Africa perishes before it reaches the consumer.