Coca-Cola plans for investments in Asia

The Coca-Cola Foundation plans to make social and economic investments in the rapidly changing country of Myanmar, also known as Burma.

The Coca-Cola Foundation, The Coca-Cola Company's charitable giving arm, is making a grant of US$3m to support women's economic empowerment job creation initiatives throughout the country.

The company is also developing plans to begin business locally in Myanmar as soon as the US government issues a general license allowing American companies to make investments, which is imminent.

Currently, Myanmar is one of only three countries on the globe where Coca-Cola does not do business. The other two are Cuba and North Korea.

Source: The Coca-Cola Company