ultinational beverage firm Coca-Cola plans to begin production in five new plants in Egypt and Pakistan in the next 18 months.The move comes in response to the increasing sales across both the countries this year.
In March 2014, the company has announced plans to invest around $500m in Egypt over the next three years, reported Reuters.
Of the proposed investment, around $100m will be used in the construction of a new juice plant near Cairo, under a joint venture project with Aujan Coca-Cola Beverages.
The company also plans to construct a sparkling drinks and water plant, which is anticipated to become operational in 2015.
Coca-Cola will use the remaining amount to boost the production at its existing plants including concentrate plant in Cairo.
Additionally, the company is set to open three new plants in Pakistan, in order to produce sparkling drinks such as Coke, Fanta and Sprite.
The three proposed plants will be located in Karachi, Multan and Islamabad.
Coca-Cola has also spent $20m on a site in the Palestinian Gaza Strip, to set up a new bottling plant, which is expected to become operational in the first quarter of 2015.
Coca-Cola Middle East and North Africa president Curt Ferguson was quoted by Reuters as saying that Egypt is going to be one of the company's key anchor countries.
"For sure the other key anchor will be Pakistan," added Ferguson.
