The Coca-Cola Company and Coca-Cola Amatil have reaffirmed their commitment to growth in the Indonesian market, with the expansion of a production plant in the outskirts of Jakarta.
It marks the first of several major investments, as the two companies prepare to inject a combined $500m to accelerate growth in the country over the next three to four years. It includes the latest investment in two new production lines for Coca-Cola Amatil’s Cikekodan plant in the city of Bekasi; the bottler has already commissioned 18 new production lines and built three new distribution centres in the last three years alone.
Coca-Cola Company chairman and CEO Muhtar Kent said: “We consider Indonesia a dynamic and promising market and one of the growth engines to achieve our long-term vision. Our company’s $500m investment reaffirms our belief in Indonesia and will help us capture the growth opportunity in one of the largest and most dynamic countries in the world as we enable our system to be even more responsive to consumer and customer needs. We believe by creating more jobs and where possible sourcing locally, we can promote the local economy and contribute to economic growth in Indonesia.”
Coca-Cola Amatil group chairman David Gonski said: “These two new production lines commissioned today are an excellent example of how the US $500m cash injection is being invested. Coca-Cola Amatil is committed to building a future hand-in-hand with our partners, customers and consumers in Indonesia. The upcoming joint venture is an important step for us in accelerating our efforts to create a strong future for our communities and businesses in the areas in which we operate.”
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