Building an unbroken cold chain within ASEAN. That’s become increasingly important as rising demand for perishables drive the need for cold storage to extend the shelf life of food items.
Our guest for today Commonwealth Kokubu Logistics does just that. Founded in 2018, Commonwealth Kokubu Logistics, is a joint venture between Commonwealth Capital - that’s the company behind F&B brands such as Pastamania, Swissbake and The Soup Spoon - along with Japanese F&B distribution giant Kokubu Group.
The company aims to provide end-to-end supply chain solutions to food retailers, ranging from warehousing, distribution and supply chain management.
It is currently in the process of setting up a S$200 million food logistics facility in Singapore. But what are the opportunities for cold storage facilities, and how does the JV fit in Commonwealth Capital’s business?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Daniel Tan, Managing Director, Commonwealth Kokubu Logistics.