Demand for Cold Storage Facility
Cold storage Facility have been slowly growing and gaining attention even more in the midst of the Covid-19 pandemic. It creates massive disruption especially in pharmaceuticals, particularly vaccines, and in the food industry which resulted in increased demand for demand for cold storage facility.
According to the Cold Chain Association of the Philippines President Anthony Dizon, around 50,000 new pallets are to be commissioned this 2021 that will add to the existing 500,000 pallets across the Philippines. An additional 60 percent capacity will be in Luzon while 40 percent will be in Mindanao.
Maximizing the benefits of cold storage in the supply chain can help business adapt to unexpected phenomenon that have a significant impact to the economy.
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