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Coca-Cola to invest $5 bn in Mexico

Category :International Sub Category :Americas
2009-08-21 00:00:00
   Views : 318

Tepozotlan (Mexico), Aug 21 (EFE) The Coca-Cola Company plans to invest $5 billion over the next five years in Mexico to boost its presence in the country.

Mexico ranks second after US in market share of the company.

Coca-Cola CEO Muhtar Kent made the announcement during the inauguration of a juice plant of the company in Tepozotlan town in central Mexico Thursday. Mexican President Felipe Calderon also attended the function.

Kent said the new investment would go toward infrastructure, technology, equipment, social programmes, environmental initiatives, marketing and training, with a special emphasis 'on protecting employment'.




Author :Indo Asian News Service



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