DHAKA, Multinational beverage giant CocaCola has
planned to invest US$ 200 million in Bangladesh in next five years.
Immediately in next year, CocaCola would invest $50 million in
Bangladesh, said Brian Smith, President and Chief Operating Officer (COO) of
CocaCola, while meeting Industries Minister Nurul Majid Mahmud Humayun, MP,
at his ministry office with a sixmember delegation today.
Brian Smith said Bangladesh is a potential market and CocaCola would
expand its production to increase supply to rural areas.
He told the minister that CocaCola would produce beverages with different
levels of sugar in Bangladesh.
Humayun requested CocaCola to come up with specific investment proposal
and told the delegation that his ministry would extend all cooperation in
Industries Secretary Abdul Halim told the delegation that Bangladesh is a
big market and people's purchasing capability have increased in recent times
that is why they now look for new products.
Source: Bangladesh Sangbad Sangstha (BSS)