Coca Cola injects Sh3bn in Kenya

May 9, 2008
Shares

,

NAIROBI, May 8 – Soft drinks firm Coca-Cola East and Central Africa has announced an investment of Sh3 billion for expansion and up scaling of its bottling lines in Nairobi, Mombasa, Kisumu, Kisii and Eldoret.

Speaking about the investment, Adeola Adetunji, General Manager, East Africa Franchise, said that through this investment, Coca-Cola was expressing its confidence in the Kenyan economy. 

“Our contribution to Kenya’s social and economic development is long-term and deliberate, hence our level of capital investment in the country,” stated Adetunji.

He said they view the country as a viable investment destination and more particularly in the long term, and are confident that its investments will yield positive returns.

 ”Our business in Kenya was adversely affected by the post election violence. However we are pleased that we can now see progressive stability in our operating landscape,” he said.

Daryl Wilson, Managing Director of Nairobi Bottlers said the new bottling lines will enhance capacity, increase production efficiency and ensure improved packaging.

“This latest investment will give us the ability to provide the very best quality beverages through out the year and will also guarantee our position as a world-class manufacturer,” Wilson stated.

Wilson said the company’s employees are being trained on how to handle the new machinery ahead of the commissioning of the new bottling lines.

He said the packaging line is being installed and it will be operational later this year and once completed will enable Nairobi Bottlers to service the entire East African market.

Shares

Latest Articles

Stock Market

Most Viewed