The Ethiopian administration has signed an agreement with Invest International , which acts on behalf of the Minister for Foreign Trade and Development Cooperation . The agreement initiates the first stage of a large cooling center that is settle 70 kilometre from the capital metropolis Addis Ababa . For the come years , the so - called Cool Port Addis project should ensure that horticultural crop from Ethiopia can be cooled and exported to the Port of Rotterdam and other markets .
This projection drive to promote sustainability in the supplying chain and ply Ethiopian growers with the opportunity to expand their market reach . Exports have been transported primarily by motortruck and airplanes , but now trains and boats will also be utilized . Currently , the Ethiopian market chiefly exports flush , but the aim is to radiate by earmark vegetable growers to benefit from the cooling facility as well . This way , they can get at a larger export marketplace .
The first phase of the Cool Port Addis project ask an investment of approximately 27.5 million dollars . Invest International will cover 11.7 million clam , the remainder is fund by the Ethiopian government activity . The contract for the realization and operationalization of the cooling storage warehouse will be tendered . Dutch companies specializing in cooling logistics and horticulture are likely to get involved in the Cool Port Addis project because of the project ’s innovational and sustainable character .
Lara Muller from Invest International : " The ontogenesis of Cool Port Addis fee-tail a close collaborationism between public and secret party from Ethiopia and the Netherlands . Invest International , the Ministry of Foreign Affairs , and the Flying Swans syndicate have been actively engage in the development phase . We are glad to see the project being realized . It help both the Ethiopian and the Dutch interests . Dutch company are among the key investors in Ethiopia ’s gardening industry , and the Port of Rotterdam is the reality ’s largest in terms of the significance and swop of horticultural crops . This collaborationism foster the development of sustainable and inclusive international business deal . It provides small farming company in Ethiopia with greater opportunities for export their goods . The cooling center will reduce product loss and improve quality which increase the export price and thus higher incomes for farmers . All of this exemplifies a winnings - win place in which CO2 step-down related to logistics coincides with the create chance and economic economic value . "
The realization of the Cool Port Addis project is a important opportunity for Ethiopia to gain ( further ) access to export securities industry with its horticultural producer . The cool down center will importantly hike future increment and investments in Ethiopia ’s gardening sphere .
Source : Invest International
