[Myanmar] Coca-Cola Says No Deal Yet On Plants In Burma

[News_Editor]

Coca-Cola said that it has it has not yet received approval to set up factories in Burma, contrary to earlier media reports. “The Coca-Cola Company applied to the Myanmar Investment Commission for a Foreign Investment License. Discussions with the MIC continue to advance, with some further steps still required to complete the process,†Karen Thompson, the public relations and communications director for Coca-Cola in Burma, was reported by The Myanmar Times as saying. On Jan. 7, The Yangon Times reported the company had already received permission to set up four bottling plants.

Source: Irrawaddy.org