ADDIS ABABA, May 31 (Xinhua) -- The Coca-Cola Beverages Africa (CCBA) on Tuesday inaugurated its new 100 million U.S. dollars Coca-Cola bottling plant in Ethiopia. The Ethiopian industry minister further emphasized that the Ethiopian government is presently undertaking various efforts that envisaged creating a conducive environment for existing and new investors in the country's industrial sector. "CCBA is a proud industry leader in developing increasingly sustainable ways to produce, distribute and sell our products," Coca-Cola Beverages Africa CEO Jacques Vermeulen said during the inauguration event. "We aim to create greater shared opportunities for the business and our host communities across the value chain." President of Coca-Cola Beverages Africa Bruno Pietracci said the latest investment in Ethiopia is part of Coca-Cola Company's belief in Africa's strong potential as the next growth engine of the global economy.

Source: Ethiopian News May 31, 2022 17:13 UTC