Marking its 37th facility in Chian, the Coca-Cola company opened a bottling plant in eastern Jiangxi province on June 23,the Xinhua news agency said.
Costing 100 million yuan (US$14.3 million), it belongs to a joint venture between China National Cereals, Oils & Foodstuffs Imp. & Exp. Corp. (COFCO) and Coca-Cola.
The plant, with an annual capacity of almost 500 million bottles, is in the Xiaolan Economic Development Zone of Nanchang City.
"We have announced a new two-billion-US-dollar investment package from the end of 2008, through to 2011," said Muhtar Kent, CEO Coca-Cola, according to Xinhua.
The investment will provide jobs for more than 30,000 people in China, the news agency said.
Copyright Agence France-Presse, 2009
About the Author
Agence France-Presse
Copyright Agence France-Presse, 2002-2025. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.