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Coca-Cola to invest $500m in Egypt

: Wednesday, March 05 - 2014 @ 00:45

Coca-Cola has unveiled plans to spend $500m on expanding its presence in Egypt, Daily News Egypt has reported. The announcement comes after Saud-based Aujan Coca-Cola Beverages Co said last month it plans to spend $100m to build a fruit-juice factory in Egypt. The firm’s vice president of strategy and business development Meshal Alkadeeb said the plant will be ready between 2016 and 2017.

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Wednesday, March 5- 2014 @ 0:45 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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