Coca-Cola has announced the opening of a bottling plant in Crystal Springs, Hmawbi Township in Myanmar, as part of its planned investment of $200m over the next five years.
Coca-Cola and Sprite in 425ml plastic bottles with scripted Myanmar labels are being produced in Myanmar. The company will also produce glass contour bottle (300ml) and aluminum can locally in the coming weeks.
The capital investment is expected to increase production capacity, grow logistics including sales and distribution operations, besides improving marketing capabilities.
The company re-entered Myanmar in 2012 and the facility is the first to locally bottle Coca-Cola since then.
Coca-Cola chairman and CEO Muhtar Kent said, "As we grow as a local business in Myanmar, we are committed to creating economic value and building sustainable communities."
Coca-Cola estimates that the investment will create more than 22,000 job opportunities across the entire value chain over the next five years.
