Angola: Coca-Cola Bottling/Luanda invest in building beer factory

9 April 2009

Luanda, Angola, 9 April – Coca-Cola Bottling/Luanda has invested US$70 million in construction of a beer factory named “N’gola Norte” in the Funda area of Cacuaco, in Angola’s Luanda province, the company’s chairman said Wednesday in Luanda.

Speaking to Angolan news agency Angop about new investments for 2009, Samuel Jerónimo said that the investment had been divided into US$60 million for construction of the factory, US$5 million in acquiring containers and receptacles, US$1 million had been spent on acquiring refrigerators and further US$3 million on other equipment.

With this new factory, Jerónimo said, Coca-Cola would this year create 700 new jobs, of which 430 would be split between the N’gola Norte factories and the remainder would be employed in support roles (transport, logistics and finance).

Coca-Cola Bottling/ Luanda and South Angola ‘s main shareholder is Sabmiller, the world’s second-largest beer maker and main bottler in Africa. This year it has so far invested in building a new soft drinks factory, also in the Funda area of Cacuaco/Luanda, the launch of which is expected in July or August.

In 2008 it built a factory in the Catumbela municipal area of Benguela province, which is already in operation. (macauhub)