Coca-Cola Beverages Africa (Uganda) which runs Century Bottling Company [Coca-Cola products] and Rwenzori Bottling Company has opened a $10m (Shs38 billion) state of the art brand new Rwenzori Pure Natural Water Line in Namanve.
The Tuesday opening ceremony was graced by Honourable Amelia Kyambadde, Minister of Trade, Industry, and Cooperatives.
Speaking at the event, Conrad Van Niekerk, the Managing Director CCBA, said the brand new manufacturing line will enable them to bottle more Rwenzori Pure Natural Mineral Water for Ugandans.
He said the USD10 million (UGX38 billion) investment brings to Uganda the newest bottling line technology out of Germany, by KHS.
“This will enable us to innovate further for the increasingly changing consumer demands,” Conrad said.
He said the new Rwenzori Pure Natural Mineral Water line investment is part of a USD $15 Million investment plan that Coca-Cola Beverages Africa had for Uganda alone in 2018.
This is one of the fastest projects ever of this nature.
The Minister of State for Investment and Privatisation, Hon. Evelyn Anite officiated at the ground-breaking ceremony on 20th April 2018 and by December 2018, the line installation was complete.
The investment in the brand new US$10million Manufacturing Line is a strong demonstration of Coca-Cola Beverages Africa Uganda’s commitment to the development of Uganda despite the tough economic conditions, Conrad explained.
He said it is important to note that this investment was made on a promise to reduce excise duty from 13% to 12% in the 2018/19 FY and gradual decrease per year until 10%.
“We are grateful that this happened last year. Unfortunately, the reduction from 12% to 11% in 2019/ 2020 FY has been rejected by Parliament. Hon. Minister, this investment is confirmation that a favourable tax regime can attract more investment for the industry.”
The CEO of Coca-Cola Beverages Africa Mr. Jacques Vermeulen, on his part, said the investment commitment of Coca-Cola Beverages Africa (Uganda), runs three subsidiaries bottling Coca-Cola products (Century Bottling Company), pure natural mineral water (Rwenzori Bottling Company) and recycling of plastic waste taken from the environment (Plastic Recycling Industries).
Hajji Kabega Musa Talutambudde, L.C.1 Kiwanga Mawotto, said he was glad Coca-Cola has answered his prayer of increasing job opportunities in his area of Mukono.
“We would love to thank the Coca-Cola company for always coming through for us. We, the people of Mukono, shall continue to support Coca-Cola.”