Coca-Cola Amatil invests $100 million in Indonesia
Coca-Cola Amatil, the Australian-based bottler and distributor for Coca Cola across Oceania, has announced plans to invest A$100 million in Indonesia over three years, doubling the company’s investment in the country.
The announcement was made at Coca-Cola Amatil’s annual investor presentation in Indonesia yesterday.
“The opportunity for CCA in the Indonesian market is to participate in the growth in the consumption per capita of commercial beverages through increasing theavailability of our products and by expanding our range into new products and categories,” said CCA’s Group Managing Director, Mr Terry Davis.
“To facilitate this growth, we shall be increasing our investment in Indonesia to around $100 million per annum over the next three years through the expansion of our cold drink cooler fleet and our production and distribution capability. As a result, we plan to double our investment in Indonesia by the end of 2013.”
CCA said it expected its Indonesian business to grow to around 15% of total capital employed by the company over the three years, with the investment increasing according to growth in demand.