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peso 888 Frabelle Group opens P755-million cold storage facility in Navotas


Updated:2024-10-22 12:43    Views:124

Frabelle Group opens P755-million cold storage facility in Navotas Frabelle Group opens P755-million cold storage facility in Navotas

Frabelle Group Cold Storage Corp.logo from its website

The Frabelle Group inaugurated its P755-million cold storage facility inside the Navotas fish port complex to optimize logistics and distribution of food products.

Its subsidiary FG Cold Storage Corp. developed the refrigerated warehouse with a capacity of 7,200 pallet positions, ensuring efficient space utilization.

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“Its prime location provides easy access to the international port, major highways, and skyways, streamlining the logistics process,” FG Cold Storage said in a statement on Friday.

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According to the firm, the plant is designed to store frozen meat and vegetables, catering to the needs of marine traders and manufacturers.

“We invested P755 million to build the facility in response to strong demand growth from our customers and other companies operating within and outside Navotas Fishport,“ Frabelle Cold Chain Group president Fay Bernardo said.

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Equipped with a high-density storage racking system, the facility features docking bays and ante rooms meticulously planned for large-scale operations, with temperature control to maintain the cold chain’s integrity.

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It also includes eight cold storage rooms designed at -25 degrees Celsius “to uphold the highest standards of product preservation, alongside advanced shuttle racking systems that maximize storage efficiency,” the company said.

FG Cold Storage said farmers cooperatives may rent the refrigerated facility while the Department of Agriculture (DA) is constructing cold storage facilities in parts of the country.

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The Cold Chain Association of the Philippines (CCAP) projected the total cold storage capacity to increase by 8 percent to 750,000 metric tons (MT) this year.

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It estimated an eight to 10 percent annual growth in storage capacity due to “steady growth” in the country’s agricultural production.

“Industry data show that cold chain industry capacity has been growing by around 50,000 metric tons a year since 2021 to a total 700,000 metric tons last year,” according to industry data.

Frabelle Cold Chain Group, the parent company of FG Cold Storage, operates full-service cold storage facilities strategically located near major ports and highways within the metropolitan area.

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It is one of the businesses under the Frabelle Group of Companies, which holds diversified interests in deep-sea fishing, aquaculturepeso 888, canning, food manufacturing and processing, food importation and trading, cold storage, shipyard operations, wharf development, real estate development, and power generation.

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