Coca Cola remains committed to invest cUSD500 million in Egypt through 2020
The Coca Cola Company announced its continued commitment to its expansion plans in Egypt as the company plans to pump cUSD500 million worth of investments until 2020, according to the company’s head of marketing in Egypt, Libya, Yemen and Sudan, Ahmed Nazmy. The investments will be earmarked to the purchase of new production lines, establishing production plants and opening new distribution branches throughout the country. Currently, the company has seven production plants in Egypt. ( Al-Alam Al Youm)
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