Investment in new Coca Cola production capacity to boost economy
Monday, February 06, 2023 | 830 Views |
The new line that is planned to be operational at the end of March 2023, will have state-of-the-art technology that allows for faster and more efficient production of polyethylene phthalate (PET) bottled products, increasing productivity, while also producing bottles with higher clarity and strength.
The new line can produce a wider range of 2L PET products which offer greater flexibility in responding to consumer demands.
It is designed to be more energy efficient, reducing the environmental impact and energy costs and also incorporates improved safety features that will reduce the risk of accidents.
CCBB general manager, David Chait said the country is strategically located, and well connected to other African countries, making it possible for the company to export its products to other markets.
“Botswana has a highly skilled workforce, the government is very supportive of investment and it is a rapidly growing market for PET products,” said Chait.
“We believe that with the installation of the new line there will be greater availability and diversity of products for our consumers. “Our investment reflects the vision of Coca-Cola Beverages Africa to refresh Africa every day and make the continent a better place for all. We saw a need in the demand for plastic bottles, and this line will enable us to cater to the preferences of our consumers.
“Besides expanding the production and distribution chain in the company, this investment will also promote employment, bringing gains not only for our organisation, but also for the country,” said Chait.
“At CCBA, we are a proud industry leader in developing increasingly sustainable ways to manufacture, distribute and sell our products. “We use our industry leadership to be part of the solution to achieve positive change in the world and to build a more sustainable future for our planet.
“Our aim is to create greater shared opportunity for the business and the communities we serve across the value-chain. Opportunity is more than just money, it’s about a better future for people and their communities everywhere on the African continent.”
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...