Coca Cola to open Gaza factory within weeks

Coca Cola is to open a manufacturing plant in the Gaza Strip within weeks, which will eventually provide more than 1,000 jobs in what is one of the world’s worst-hit unemployment hot spots.

Palestinian investors have plowed some $20 million to underpin the drinks giant’s first foray into the Strip.

Head of the Palestinian National Beverage Company (PNBC), Coca Cola’s Palestinian subsidiary, which already operates factories in Ramallah, Tulkarem and Jericho in the West Bank received a permit from Israel two years ago to the build the factory in the Karni industrial zone.

The recent transfer of equipment for the factory suggests the plant will open soon.

A 7-Up factory has operated in Gaza since 1962 and Pepsi Cola has been manufacturing there since 1997.

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