Coca-Cola back in Myanmar officially after 60 years: Chief Executive Kent
September 12, 2012, 12:04 pm TWN
WASHINGTON -- Coca-Cola has put its stamp of approval on Myanmar's reforms with the first official delivery of the popular soft drink in the country in more than 60 years, the company announced Monday.
The soft drinks giant also said it was moving to establish a bottling operation in the country as it emerges from decades of stifled economic development under military dictatorship.
"We are privileged to once again have the opportunity to play a role in building a better future with the people of Myanmar," said Coke Chairman and Chief Executive Muhtar Kent, who oversaw the delivery during a weekend visit to Yangon, the country's business hub.