North Cyprus News | Online News for North Cyprus

Plans to produce Coca-Cola in the TRNC

Plans to produce Coca-Cola in the TRNC

July 22
14:12 2015

Global giant Coca-Cola, has reportedly given the go ahead for investments to be made in the TRNC and is planning to start its production in North Cyprus as of next month.

According to Turkish daily ‘Milliyet’, the CEO of Turkey’s Coca-Cola Muhtar Kent, said that the company has already found a factory in Alsancak and is planning to begin production next month since there have been no objections from the Greek Cypriot side. This investment has cost approximately 10 million TL, writes the paper.

Kaner Grup was until so far responsible for the imports of the drink via Turkey and the distributor of Coca-Cola in the TRNC.

Speaking to the paper about the Coca-Cola investment, Economy Minister Sunat Atun said that a very big step by a globally known firm to make investments in the TRNC. “This investment is very important and we are delighted. North Cyprus is the appropriate place for investments”, he said.

Milliyet

 

Local Weather

Kyrenia, Cyprus
10°
12°
Thu
8°
Fri
13°
Sat
14°
Sun
Weather from OpenWeatherMap

Lira Exchange Rates

USD
USD
3.7942
EUR
EUR
4.6453
GBP
GBP
5.3035

Upcoming Events

  1. Whirling Dervish

    January 24
  2. North Nicosia Walking Tour

    January 24
  3. Kyrenia Market

    January 24
  4. Lemar Market

    January 24 @ 10:00 am - 3:00 pm