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Americold Realty Trust to build, operate new $35M cold storage facility

Americold Realty Trust announced plans to build and operate a new $35M cold storage facility with 40,000 pallet positions, in the Jebel Ali Free Zone in the Port of Jebel Ali in Dubai. This investment builds on the strategic collaboration between Americold and DP World, a provider of worldwide smart end-to-end supply chain logistics with a global port infrastructure. The new facility will offer multi-temperature capabilities and connect to DP World’s logistics solutions. Earlier this year, RSA Cold Chain entered into a long-term land lease agreement with DP World to support this development. Construction will start early 2024 and is expected to be completed by Q1 of 2025.

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