Coca-Cola inaugurates new $31.5 mln production line in Egypt

Up to 95 percent of the project’s components will be sourced locally, according to a statement released by the Ministry of Industry and Transport on Tuesday.

Deputy Prime Minister for Industrial Development Kamel El-Wazir highlighted that the new production line is the fastest and most advanced in the Middle East and one of the most efficient among Coca-Cola Hellenic’s global facilities.

The line has a maximum output of 120,000 cans per hour and an annual capacity of 172 million litres. El-Wazir said it will significantly boost the company's operations in Egypt.

El-Wazir further called on Zoran Bogdanovic, CEO of Coca-Cola Hellenic, to consider expanding the factory's operations with new production lines to increase exports and collaborate with the Egyptian government on training local workers.

This call aligns with Egypt’s target to raise exports to $145 billion by 2030, he added.