The Coca-Cola Company Commits New Investments of $1B in the Philippines

The Coca-Cola Company KO today renewed its strong commitment to the Philippines with a pledge to increase investments in this important country by US$1 billion over five years. The commitment was conveyed by Coca-Cola Pacific Group President Glenn Jordan directly to the President of the Philippines, Benigno Aquino, Jr., during a meeting in New York while President Aquino, Jr. was in the United States to attend the United Nations General Assembly and to attract foreign investors to the Philippines. “Our new commitment to invest US$1 billion in our business over five years will strengthen production, distribution and help development of new products to refresh Filipino consumers,” said Mr. Jordan following his meeting with President Aquino, Jr.