Arab Today, arab today cocacola plant to create 22000 jobs
Last Updated : GMT 04:41:48
Arab Today, arab today
Arab Today, arab today

Coca-Cola plant to create 22,000 jobs

Arab Today, arab today

Arab Today, arab today Coca-Cola plant to create 22,000 jobs

Riyadh - Arabstoday

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. The capital investment will increase production capacity, grow logistics including sales and distribution operations, and improve marketing and people capabilities. This investment will stimulate job creation and Coca-Cola estimates that it will create more than 22,000 job opportunities across the entire value chain over the next five years. At the inauguration, Kent was joined by Madeleine Albright, former US Secretary of State and Chair of Albright Stonebridge Group, U Myint Swe, chief minister of Yangon Region, officers of Pinya Manufacturing Co. Ltd, the local Coca-Cola bottling partner and other representatives of Coca-Cola in Myanmar. “As a proud Myanmar citizen, I am honored to be part of this momentous occasion for Myanmar and Coca-Cola,” said Daw Shwe Cynn, vice vhairman, Pinya Manufacturing Co. Ltd. “We are excited to join our strong local expertise and passionate employees with the world’s number one brand and Coca-Cola’s world-class business capability. Together we have a positive future for our business, for our community and for the people of Myanmar,” said Thureign Win, vice chairman Pinya Manufacturing Co. Ltd. The Coca-Cola Company’s well-established global standards for corporate ethics are being incorporated into Coca-Cola’s business practices in Myanmar. This includes strict adherence to its global human and workplace rights policy, supplier guiding principles, code of business conduct and anti-bribery policies. Apart from ethical economic development, The Coca-Cola Company aims to provide growth and development opportunities for the people of Myanmar. As part of this commitment, The Coca-Cola Foundation is working with Pact, a respected non-government organization, to implementSwan-Yi, a three-year program to empower nearly 25,000 Myanmar women focusing on financial literacy, entrepreneurship and business management. Since the program commenced in July 2012, 10,000 women have been empowered to start their own businesses. Coca-Cola and Sprite in 425ml plastic bottles with uniquely scripted Myanmar labels are being produced in Myanmar, with local production of the iconic glass contour bottle (300ml) and aluminum can expected in the coming weeks. Completing the portfolio is imported Coca-Cola Zero (can). 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. The Coca-Cola Company is the world’s largest beverage company, refreshing consumers with more than 500 sparkling and still brands. Led byCoca-Cola, the world’s most valuable brand, our Company’s portfolio features 16 billion-dollarbrandsincludingDiet Coke,Fanta,Sprite,Coca-Cola Zero, vitaminwater,Powerade, Minute Maid, Simply, Georgia andDel Valle. Globally, we are the No. 1 provider of sparkling beverages, ready-to-drink coffees, and juices and juice drinks. Through the world’s largest beverage distribution system, consumers in more than 200 countries enjoy Coca-Cola beverages at a rate of more than 1.8 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that reduce our environmental footprint, support active,healthy living, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. Together with our bottling partners, we rank among the world’s top 10 private employers with more than 700,000 system associates. Source: ArabNews

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today cocacola plant to create 22000 jobs Arab Today, arab today cocacola plant to create 22000 jobs

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 12:25 2017 Thursday ,23 February

Bharti Airtel buys Telenor's India operations

GMT 10:47 2017 Thursday ,23 February

Saudi Aramco may offer discounted shares to citizens

GMT 06:25 2017 Thursday ,23 February

Bupa Arabia sponsors SMEA forum

GMT 06:11 2017 Thursday ,23 February

Football: Turkish company wins Qatar World Cup contract

GMT 05:46 2017 Thursday ,23 February

SABIC net profits fall in 2016

GMT 21:01 2017 Wednesday ,22 February

Saudi Aramco mulls offering citizens discounted shares
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Actress Lobna Abdel Aziz proud of her career

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 07:36 2017 Wednesday ,22 February

Wafaa Amer is happy for Sherihan’s return

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday