The Free Zone Contracting Board has awarded these facilities, which have more than 11,000 m2 of surface
Phoenix Strategyon, a company from Cadiz, will be dedicated to the storage, production, distribution and export of food products, among other activities in the sector.
The investment in the Zona Franca plant will be more than 5 million euros and 88 people will work there
The Contracting Board of the Free Trade Zone of Cádiz has authorized the award to the company Phoenix Strategyon of the facilities that formerly belonged to Procosur, located in the heart of the Interior Area of Cádiz, and which have an area of more than 11,000 m2, after the Consortium positively evaluated the offer presented by this company, which will make an investment of more than 5 million euros and in which 88 people will work.
Phoenix Strategyon is a company specialized in Bromatology, the science that studies food in terms of its production, handling, conservation, processing and distribution, as well as its relationship with health, and which from the Free Zone plant will export European foods to foreign markets.
The needs of this company have an unbeatable response in the warehouse that belonged to Procosur, since both its capacity and the refrigeration facilities and the possibility of handling dry cargo, in addition to its location in the Fiscal Precinct very close to the dock, make this equipment ideal for its activity.
Phoenix Strategyon is designed as a multifunctional food plant and plans to become a driving force in the traffic of agri-food products from Cádiz to the rest of the world.
In fact, the company plans intense activity from the Cádiz warehouse that includes a sea salt drying facility, as well as its strengthening and packaging; crustacean keeper, mollusk purifier and marketer of fresh fish, crustaceans and live mollusks; obtaining aloe vera gel and powder; cold storage and distribution of food products; general storage and distribution; international purchasing platform; and development of products transformed from indigenous agri-food raw materials.
It must be remembered that the Executive Committee of the Consortium held on May 19 authorized the termination of the lease contract with the frozen food company Procosur, in bankruptcy proceedings since the beginning of 2014.
The agreement with the Bankruptcy Administration made it possible to settle the debt that the frozen food company had with the Free Trade Zone – which amounted to approximately 1.9 million euros – with the payment of part of the machinery and facilities. In this way, the Consortium and Procosur liquidate the lease contract that bound them since November 2012 for the use of the Interior Campus plant. The objective was to speed up the deadlines for marketing this equipment, something that was done in one month.
The Free Trade Zone invested around 8 million euros between 2009-2011 in these Procosur facilities, undertaking the civil works of the plant, which was intended to increase its competitiveness with a modern infrastructure equipped with the latest technology in refrigeration facilities and production machinery. Finally, the company entered bankruptcy in 2014, and ended up dissolving its activity and closing.