Coca-Cola to inject $500 mln investments into Egypt in 3yrs

U.S. drinks giant Coca-Cola is planning to inject investments worth $500 million into Egypt within the upcoming three years, its general manager Ahmed Rady told Mubasher on Sunday.

The company exports its products to around 45 countries in the Middle East, Africa, and Asia from its free zone factory in Egypt, Rady noted in a video published by the Ministry of Investment and International Cooperation.

The new investment law will positively impact manufacturing and free trade in Egypt, he added.