Provide affordable and energy efficient cold storage services for small and medium farmers close to farming areas for perishable agricultural products (meat, dairy, fruits and vegetables). Internal return rates for building agricultural cold storage facilities to provide the needed services are pegged at ~15%-20% based on recent public-private partnership feasibility data.
ORCA Cold Chain Solutions (ORCA), incorporated in 2017, is a subsidiary of ISOC Holdings and operates as a cold chain company that aims to deliver technology-driven cold storage solutions to the Philippine Market. It operates two cold chain facilities in the Philippines, located in the cities of Taguig and Caloocan, with 20,000 and 15,000 pallets, respectively. (31) By the end of 2021, the total funding raised by ORCA was about USD 7.7 million.
Fresh Depot, newly founded under the Aboitiz Group, is an innovative cold chain solution company that envisions lessening fresh produce wastage and optimizing food supply in the country. Through its physical and digital platforms, it aids farmers to optimize their yield and income using data. (21) As of May 2023, Fresh Depot had two pilot cold storage projects in Buenguet and Nueva Vizcaya. (20) (21)
In October of 2022, a prototype solar-powered ice plant named Sahaya was constructed by AASC technologies and launched in the Datu Mantil Fish Port. It produces 600 kg of ice per day and is expected to tackle the key problem of ice storage at the beginning of the supply chain of the fishing community. (26)
Increasing access to affordable food and reduce losses from food wastage and spoilage with the help of logistics and storage solutions.
