News Summary: Coca-Cola opens Myanmar plant

Coca-Cola resumes bottling in frontier market of Myanmar after more than 6 decades

Associated Press

COKE RETURNS: Coca-Cola began bottling its signature soft drink in Myanmar on Tuesday as part of a planned five-year, $200 million investment after having no local production for more than 60 years.

THE DETAILS: The announcement said the investment will help create more than 22,000 related jobs along the supply chain over five years.

THE BACKGROUND: The return of Coca-Cola Co. is emblematic of the opportunities U.S. companies see in Myanmar as it builds a free market economy after decades of military rule.

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