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Coca-Cola invests $90 million in Morocco
Morocco-USA, Business, 7/31/1999

Coca-cola, the world giant soft drink maker, has bought two Moroccan bottling plants for $90 million, Moroccan business daily "L'economiste" reported.

It is the first direct investment made by the U.S. Coca-Cola company in the North African country, the same source added, noting that the company employs in Morocco about 8,000 persons.

According to the latest statistics, USA has become Morocco's second trade partner, advanced by France. Spain came in third place, followed by Italy.

Previous Stories:
  Moroccan government approves sale of 2nd GSM license to Medi-Telecom   (7/30/1999)
  Succession conditions in Morocco reassuring for foreign investors   (7/28/1999)
  Swiss insurance company increases stake in morocco's La Marocaine Vie   (7/21/1999)
  Two moroccan cement firms to merge shortly   (7/21/1999)

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