East Africa Bottling Share Company disclosed it is will make an investment greater than U.S $ 250 Million in Ethiopia during the next five years for the purpose of increasing the company’s capacity.

East Africa Bottling’s General Manager, Xavier Selga, noted “We are just finishing our strategic plan for the next five years and it has been approved, so we will spend more than 250 Million Dollars in Ethiopia during the next five years, which will allow us to increase our capacity and satisfy our customers across the country”.

New production line of East Africa will be launched in September 2014 and 2015, the General Manager note. In addition to this there will also be an additional investment on a new production plant.

He furthered, investments on trucks as well as coolers will take place to enable transport and supply the company’s products in different areas of the country.

The company is also working in collaboration with an Indian company, Caba Impact, for the purpose if recycling plastic bottles. Slega noted, “We are working to empower 2,000 women in the recycling industry. We want to make sure that the environment in Ethiopia is more sustainable and we can also help these women economically. “Right now we are training the women and explaining the routline and giving them the tools.”

In related news, Coca-Cola Africa Foundation (TCCAF) and World Vision announced a new Replenish Africa Initiative (RAIN) project to extend clean, sustainable water and sanitation to communities in the State of Tigray.

Source: Capital