Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Agricultural Development Bank of China
Investment

Coca-Cola bottler invests 900 mln yuan in China's Henan

October 11, 2021


Abstract : Swire Coca-Cola Ltd., a bottler of Coca-Cola, has invested no less than 900 million yuan (about 139.68 million U.S. dollars) to build a new plant in Zhengzhou, capital of central China's Henan Province, according to the company.

A worker transfers goods at the Swire Coca-Cola Beverages Hubei Limited in Wuhan, central China's Hubei Province, March 24, 2020. (Xinhua/Xiao Yijiu)

ZHENGZHOU, Oct. 9 (Xinhua) -- Swire Coca-Cola Ltd., a bottler of Coca-Cola, has invested no less than 900 million yuan (about 139.68 million U.S. dollars) to build a new plant in Zhengzhou, capital of central China's Henan Province, according to the company.

A ceremony was held in the city on Saturday to lay the foundation stone at the plant. Covering 124,000 square meters, it will be put into operation within two years, with the annual maximum production capacity reaching 1 million tonnes, said Andy Xu, director and general manager of Swire Coca-Cola Beverages Zhengzhou Ltd.

"Swire Coca-Cola attaches great importance to the dynamic and fast-growing market in China," said Karen So, managing director of the company. "The elements of policy support, convenience in development and booming domestic demand attract the company to put its strategic focus on China."

In the next five years, the company will invest more than 5.5 billion yuan in factory infrastructure in China. It plans to increase nearly 20 production lines and continue to invest in sustainable development projects in the fields of new products, carbon reduction and water-saving in the country.

As one of the largest Coca-Cola bottling groups in the world, Swire Coca-Cola has 18 plants on the Chinese mainland.

Scan the QR code and push it to your mobile phone

Keyword: Coca-Cola Henan foreign investment

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial