Coca-Cola international plans to invest US$500 million in Egypt during the next three years, Minister of Investment, Industry and Foreign Trade Mounir Fakhry Abdel Nour said in statement on Thursday.
This announcement came during a meeting between Abdel Nour and President of Coca-Cola International Ahmet C Bozer, who pointed out that Egypt’s Coca-Cola exports products to more than 40 countries around the world.
Around 12,000 workers are working in Coca-Cola’s factory in Egypt, Bozer stated, adding that the factory also created an additional 120,000 indirect job opportunities.