Revolutionizing Egypt’s Cold Chain: A Strategic Investment
In a significant move to enhance Egypt's trade capabilities, DP World and Elsewedy Industrial Development have announced a $29 million investment in a new cold storage facility located in Al Oula Industrial City, 6th of October. This facility aims to tackle the staggering 40% post-harvest food loss that many African nations face, thereby marking a crucial step toward boosting food security across the continent.
The Facility's Impact on African Trade
Spanning an impressive 16,194 square meters, the new cold storage facility will boast 25,000 pallet positions across eight advanced chambers. These are equipped with state-of-the-art ammonia refrigeration systems and an integrated Warehouse Management System. By adopting such innovative technologies, DP World and Elsewedy are not only looking to reduce waste and logistics costs but are also committed to helping manufacturers and exporters scale effectively within the global marketplace.
Connecting Through Infrastructure
This facility will be strategically connected to Sokhna Port and freight forwarding networks, enhancing the flow of goods not only within Africa but also to international destinations. As North Africa grapples with an explosion in cold chain logistics, the cold storage market is anticipated to reach a staggering $41.1 billion by 2030, reflecting a compound annual growth rate (CAGR) of 8.8%. Egypt’s investment in cold chain infrastructure positions the country at the forefront of regional trade.
Why This Matters for Logistics and Trade Routes
The partnership forged between these two industry giants highlights the critical role that efficient cold chain logistics play in contemporary trade. With local and global supply chains becoming increasingly integrated, the advancements in cold storage will facilitate smoother trade routes, ultimately contributing to economic growth across the region.
As the landscape of logistics and trade routes continues to evolve, staying informed about developments like the DP World and Elsewedy investment can help businesses navigate these changes effectively and seize new opportunities. Engaging with such advancements is essential for logistics managers and business travelers looking to understand the future of trade in Africa.
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