Myanmar / Coca-Cola plant to create 22,000 jobs

For the first time in more than 60 years, Coca-Cola is being bottled in Myanmar.

Muhtar Kent, chairman and CEO of The Coca-Cola Company, attended the ceremonial inauguration of a bottling plant in Crystal Springs, Hmawbi Township.

The facility is the first to locally bottle Coca-Cola since the company re-entered Myanmar last year, says a statement received here.

“As we grow as a local business in Myanmar, we are committed to creating economic value and building sustainable communities,” said Kent.

“For the people of Myanmar, Coca-Cola embodies the optimism of a bright future, with the promise of better days and better lives ahead. We are privileged to be a part of their journey.”

After the lifting of sanctions, The Coca-Cola Company became one of the first US companies to be awarded an investment permit under Myanmar’s new Foreign Investment Law.

The inauguration of the Coca-Cola plant is a tangible demonstration of Coca-Cola’s planned $ 200 million investment over the next five years.

Chosen excerpts by Job Market Monitor

via Coca-Cola plant to create 22,000 jobs | ArabNews.