Coca-Cola opens new $100 million plant in Cambodia

[geovalin]

Coca-Cola Co (KO.N) opened a new $100 million facility in Cambodian capital Phnom Penh on Monday to expand its production capacity in the Southeast Asian nation. The plant, situated on a 12-hectare land in a special economic zone on the outskirts of the city, will employ 817 people and it will be powered by solar power, Prime Minister Hun Sen said at the inauguration ceremony.

 

The investment is part of Coca-Cola's expansion, which began four years ago, said Irial Finan, executive vice president of Coca-Cola. The company began operations in the country in 1993 and the new plant is situated inside the Phnom Penh Special Economic Zone (PPSEZ), a Cambodian-Japanese joint venture and operator of the biggest industrial estate.

 

read more http://www.reuters.com/article/us-coca-cola-cambodia-idUSKBN13U0UU

[phantomfiddler]

Coca cola has probably done in more people than smoking, and I find it very sad that american profiteers find no guilt in ruining people,s health just so that they can make a buck. 

[Tchooptip]

The great poisoner!  

[Retiredandhappyhere]

Health risks or not, I expect Thailand would have welcomed this kind of expansion.

[elgordo38]

5 hours ago, phantomfiddler said:

Coca cola has probably done in more people than smoking, and I find it very sad that american profiteers find no guilt in ruining people,s health just so that they can make a buck. 

And setting up shop in Cambodia makes em bigger bucks. Its the name of the game. Viet Nam must have all the new industry it can handle I guess or maybe wages are on the rise there. 

[NickJ]

Fizzy sweet drinks. Hydrolyzed cooking oils. Preservatives...... The trifecta of death for mankind.... 

[mcfish]

Fizzy sweet drinks. Hydrolyzed cooking oils. Preservatives...... The trifecta of death for mankind.... 

A dramatic when you can simply reach for a coke zero

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[RaoulDuke]

This calls for a Coke!!! Bringing obesity and diabetes to the masses! Congrats on getting one step closer to monopolizing the world's potable water supply. Good thing that ever-so-ethical Nestle corporation is competing against them to ensure that the consumers come out ahead!