Coca-Cola says it has formally opened its first factory in the Gaza Strip, in a move that could create hundreds of jobs in the beleaguered Palestinian enclave.
The bottling facility was partially open for several months but begins full operations after a ceremony.
The $20-million investment is the company’s first plant in Gaza and will create around 120 jobs immediately, a statement says, with an eventual expansion to 270.
“The opening of our first Gaza plant is an important milestone,” says Zahi Khouri, the founder and chairman of National Beverage Company (NBC) responsible for Coca-Cola in the Palestinian territories.
“Our new Gaza plant shows our ongoing commitment to investing and supporting progress in communities around the world,” says Coca-Cola CEO Muhtar Kent in a statement.