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The first factory, situated in the Samarkand region across With a projected annual output of mn liters, the facility is expected to generate employment opportunities. Operations are scheduled to commence in the second quarter of this year, with plans to export products to CIS countries. In the Namangan region, the second factory spanning Construction is slated for completion by the fourth quarter of this year, with operations set to begin in the first quarter of The Namangan location was strategically chosen for its proximity to neighboring countries, facilitating efficient product export. The project is expected to create new job opportunities. CCI Uzbekistan emphasized that both factories will primarily cater to the domestic market. Follow Daryo's official Instagram and Twitter pages to keep current on world news. Send Cancel. Thank you. We have received your message and will fix the error as soon as possible. Sign in Latest news Top headlines Most read Columnists. Latest news Top headlines Most read Columnists. USD Google play App Store Telegram. Telegram Youtube Facebook Instagram Twitter. Uzbekistan Finance. On this topic. Comments 0 Sign in. Leave A Reply Cancel. What are we going to search for? Welcome Back! Login below or Register Now. Facebook Google. Remember me. Register Now Already registered? Found an error in the text? Keep going.

IFC allocates $250mn to expand Coca-Cola in Uzbekistan, Tajikistan and Iraq

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This investment aims to support CCI in implementing sustainable manufacturing processes and enhancing gender equality within its workforce. Investment Focus on Sustainability and Gender Equality. The financing from IFC is designed to help CCI, a multinational beverage producer, improve its sustainability practices across four countries. These improvements include reducing energy and water usage, enhancing circular economy practices, and increasing the use of recycled PET bottling capacities. Additionally, the funds will be directed towards energy-efficient equipment, renewable energy projects, and water-saving measures. This allocation underscores the critical importance of environmental sustainability in CCI's operations. The funds will help the company to adopt more sustainable manufacturing processes and reduce its environmental footprint. One of the key objectives of this financing deal is to boost female labor participation and women's empowerment within CCI. This initiative aligns with IFC's broader goals of promoting gender equality and empowering women in the workforce. CCI's expansion efforts, supported by this investment, are expected to have substantial economy-wide effects. By enhancing local production capacities and improving sustainability practices, CCI will contribute to the economic growth and development of these countries. Employing over 10, people, CCI operates 33 bottling plants and 3 fruit processing plants across 12 countries, serving a population of million. The company's product portfolio includes juices, waters, sports and energy drinks, iced teas, and coffee. The IFC , a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Operating in over countries, IFC leverages its capital, expertise, and influence to create markets and opportunities in developing nations. Follow Daryo's official Instagram and Twitter pages to keep current on world news. Send Cancel. Thank you. We have received your message and will fix the error as soon as possible. Sign in Latest news Top headlines Most read Columnists. Latest news Top headlines Most read Columnists. USD Google play App Store Telegram. Telegram Youtube Facebook Instagram Twitter. Uzbekistan World Tajikistan. On this topic. Coca-Cola to establish fifth production plant in Uzbekistan by 15 May, Coca-Cola opens fourth beverage production plant in Uzbekistan 16 May, Uzbekistan hosts Trade Representative of U. Comments 0 Sign in. Leave A Reply Cancel. What are we going to search for? Welcome Back! Login below or Register Now. Facebook Google. Remember me. Register Now Already registered? Found an error in the text? Keep going.

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Coca-Cola to invest $165 mn in two new factories in Uzbekistan

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