East African Bottling Company, the Coca Cola producer, received 30ha of land from the Bahir Dar city administration to build its third coca cola factory in Ethiopia at an outlay of 800 million Birr.
This is part of the 500 million dollar investment, which the company launched in April 2012, to be carried out by 2020. This plan includes three new plants, including one in Hawassa and another one in western Ethiopia, whose construction depends on the performance of the companyÂ’s other lines.
The construction of the new factory, which will begin early in 2013, and be completed in a yearÂ’s time, is prompted by Ethiopia being Coca ColaÂ’s fourth most important market in Africa after South Africa, Kenya and Uganda, says Greig Jansen, managing director of the company. Currently, the company has factories in Addis Abeba and Dire Dawa.
Greig Janson, managing director of East African Bottling Company standing in front of the new plastic factory building his company is constructing.