Coca-Cola to open factory in Gaza Strip
Posted December 22, 2014 10:07 am.
This article is more than 5 years old.
JERUSALEM (NEWS1130) – The war-battered Gaza Strip is getting a Coca-Cola factory.
The Israeli military said it allowed nine trucks into the territory Monday carrying assembly line machines for the factory.
Imad Hindi, a director of the Palestinian company licensed to produce the fizzy drink, said the factory would create 300 jobs in the impoverished territory, where the unemployment rate is at least 40 per cent.
Hindi said production will begin at the end of 2015. He said the factory is costing $20 million to build.