Shareholders of the logistics developer include CDC Group, the UK’s development finance institution, and IFC, of the World Bank Group. The leasing of ALP’s entire first phase complex comes amid a lack of grade-A modern international standard logistics facilities in Kenya, and rising costs for producers on inadequate facilities. This best-in-class logistics facility will enable us to provide an end-to-end delivery capability,’’ said Freight Forwarders Solutions Managing Director Ben Clay. ALP’s management has 40 years of experience in developing modern warehousing across emerging markets. “We are delighted to be supporting Freight Forwarders Solutions contract logistics business with grade-A logistics warehousing.

Source: The Star August 25, 2017 05:03 UTC