By Eleven Media Group
Coca-Cola, which re-entered Myanmar after 60 years, has plans to expand its factory before the end of this year, Aung Win, commercial director of Pinya Manufacturing Co, said.
Coca-Cola is in a joint venture with Pinya Manufacturing Co from Myanmar.
“At present, our production line is limited. If we manufacture a product, we have to halt production of another product in the mean time. So we will expand the factory and we are negotiating how many production lines need to be expanded,” Aung Win explained.
Coca-Cola will invest $200 million in Myanmar. It will create more than 20,000 jobs in Myanmar, according to an announcement by Coca-Cola made on June 4.
Coca-Cola has plans to invest $200 million in five years and it is estimated that
it will create more job opportunities in the soft drinks industry.
The giant soft drinks company is distributing Coca-Cola and Sprite brands, in plastic bottles, glass bottles and aluminium tins, printed in Myanmar language.
Pinya Manufacturing Co is the top soft drinks and beverages-maker in Myanmar and sold hundreds of millions of soft drink bottles and tins in the market, according to the beverages market.