Coca-Cola cans return to Burma
Coca-Cola cans and bottles will be made and filled in Burma for the first time in more than 60 years after a deal was struck with the country’s ruling military junta.
The country, which is also referred to internationally as Myanmar, will be home to a US$200 million investment in a bottling plant which will create 22,000 jobs over the next five years.
Muhtar Kent chairman and chief executive of Coca-Cola inaugurated the country’s first coke plant since the company re-entered the country last year.
He said, “As we grow as a local business in Myanmar, we are committed to creating economic value and building sustainable communities.
“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 Coca-Cola became one of the first US companies to be awarded an investment permit under the junta’s new foreign investment law.
Coca-Cola and Sprite in 425ml plastic bottles with uniquely scripted local labels are being produced currently, with local production of the iconic glass contour bottle (300ml) and aluminium can expected in the coming weeks.
Coca-Cola aims to reach more than 100,000 outlets across the country in the next six months through increased production and distribution capacity, including a second existing plant in Hlaing Thar Yar.