Sunday, June 16, 2013
Giant soft-drink producer Coca-Cola, which recently re-entered Myanmar, is planning to expand the production lines in its Myanmar factory before the end of this year, said Aung Win, Commercial Director of Pinya Manufacturing Co. Ltd.
Coca-Cola is a joint venture with Pinya Manufacturing Co. Ltd from Myanmar.
“At present, our production line is short. If we manufacture a product, we have to halt another product. So we will expand the factory and we are negotiating how many production lines should be expanded,” Aung Win explained.
World famous soft-drink and beverage producer, Coca-Cola will invest US$200 million in Myanmar. It will create more than 20,000 jobs, according to Coca-Cola on June 4 when they launched their products in Myanmar.
The expansion is a part of the investment plan for coming five years.
The company is distributing its two famous brands Coca-Cola and Sprite in Myanmar. The drinks are packed in plastic bottles, glass bottles and aluminum cans, which are labeled in local language.
Coca-Cola has dominated the global soft drink industry since the 20th century. Its most brands include Diet Coke, Caffeine-Free Coca-Cola, Diet Coke Caffeine-Free, Coca-Cola Cherry, Coca-Cola Zero, Coca-Cola Vanilla, and special cokes with lemon, lime or coffee. The company also produces Sparkling, ready-made coffee and beverages.
Pinya Manufacturing Co. Ltd. is a leading soft drink and beverage maker in Myanmar. It has already sold hundreds of millions of soft drink bottles, according to the beverages market reports.
Source: Eleven Weekly Media
Posted in: companies,industries,investment,markets,reports
