Coca-Cola returns to Myanmar after 60 years

Muhtar Kent, chairman and CEO of Coca-Cola Company, was in Yangon to attend the inauguration ceremony. The plant marks the first time in more than 60 years for Coca-Cola to bottle its products in the country. The bottling plant is locatd in Crystal Springs, Hmawbi Township. 

“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 by the US, Coca-Cola 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.