|Published : 01 Dec 2016, 21:47:26|
Coca-Cola opens first factory in Gaza Strip
GAZA CITY, Palestinian Territories, Dec 1 (AFP): Coca-Cola formally has opened its first factory in the Gaza Strip, the company announced Wednesday, in a move that could create hundreds of jobs in the beleaguered Palestinian enclave.
The bottling facility had been partially open for several months but began full operations after a ceremony Wednesday. The $20-million (19-million euro) investment is the company's first plant in Gaza and will create around 120 jobs immediately, a statement said, with an eventual expansion to 270.
"The opening of our first Gaza plant is an important milestone," Zahi Khouri, said the founder and chairman of National Beverage Company (NBC) responsible for Coca-Cola in the Palestinian territories.