Yangon, Myanmar (4E) – Coca-Cola, the world’s largest beverage maker, inaugurated its soft-drink production and bottling plant in Myanmar on Tuesday. The plant will produce Coca-Cola soft-drink in its iconic glass contour bottle and in aluminum can in the coming weeks.
Muhtar Kent, chairman and CEO of The Coca-Cola Company, led the inauguration ceremony for the plant located in Crystal Springs, Hmawbi Township near the capital Yangon. Also attending the ceremony were former U.S. Secretary of State and Chair of Albright Stonebridge Group Madeleine Albright, chief minister of Yangon Region U Myint Swe, officers of Pinya Manufacturing and local Coca-Cola representatives.
Coca-Cola is operating the plant together with local partner Pinya Manufacturing Co. Ltd., which initially distributed and produced Coca-Cola soft-drinks last year. After 60 years of absence, Coca-Cola was allowed to invest and do business in Myanmar following the lifting of U.S. sanctions on the country. Kent first visited the country in September to witness the start of distribution of Coca-Cola products in the country.
The bottling plant is part of Coca-Cola’s $ 200 million 5-year investment plan for the country. It will serve 100,000 outlets in the country in the next six months and create more than 22,000 job opportunities, according to the company.
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