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Coca-Cola plans to invest $1 billion in South Africa to expand production

Coca-Cola plans to invest $1 billion in South Africa to expand production

格隆汇格隆汇2026/04/01 14:45
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Glonghui April 1|Coca-Cola and its two authorized bottlers—Coca-Cola Beverages South Africa and Coca-Cola Peninsula Beverages—plan to invest 17.6 billion rand (approximately $1.05 billion) in South Africa by 2030 to support expanding production capacity. Luis Felipe Avellar, President of Coca-Cola's Africa business unit, announced this news at an investment conference in Johannesburg on Tuesday evening. Meanwhile, South African President Cyril Ramaphosa has set a target to attract 2 trillion rand in new investment over the next five years.
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