Shalom Life | December 26, 2014

Construction of First Coca-Cola Factory in Gaza Begins

The move could eventually lead to thousands of new jobs for Palestinian workers

By: Daniel Koren

Published: December 22nd, 2014 in Business » World

Before Operation Protective Edge began in July, the Coordinator of Government Activities in the Territories (COGAT) authorized an initiative from Coca-Cola Co. that will see its first factory in Gaza being built.

On Monday, with Israel's approval, the construction of the plant began, with nine trucks filled with production equipment entering the coastal enclave from Jordan. The Director-General of the Ramallah-based National Beverage Company, Emad al-Hindi, stated that more equipment will be soon shipped from Turkey and Germany.

"The factory building is ready, lines of produce are ready," Hindi said. "We hope to be able to conclude all the stages without any obstacles."

The new factory, which will be built in the Karni industrial zone, is poised to begin the first stage of operations (carbonated beverages) before the end of 2015, and will be built at a cost of roughly $20 million. The second stage, planned for late 2016/early 2017, will also introduce juices, waters and non-carbonated beverages into the mix.

The factory will employ 120 Palestinians at first, reports the Jerusalem Post, but experts believe it has the potential of leading to the creation of hundreds, if not thousands, of other jobs.

According to Reuters, Coca-Cola hopes to employ 360 Gazans by 2016.

Palestinian entrepreneur Zahi Khouri, founder of the National Beverage Company, is at the helm of this new initiative. According to the company, Coca-Cola Co. has invested $25 million into marketing and importing cola to Palestinians, sponsoring a clean water project in Gaza, and featuring Palestinian soccer fans in a World Cup video.

The new factory will have its competition though; a Pepsi factory has existed in the region for over fifty years, first established in 1962.

Ambassador Dan Shapiro Urges U.S. Collaboration with Jerusalem College of Technology TrendingHarvard President Not Sold on BDS Harvard President Not Sold on BDS TrendingStartup Club: Yo Sox Startup Club: Yo Sox Trending
 

Top 50 Hottest Jewish Men of 2014 (40-31)

December 25, 2014 | By Ashley Baylen
Top 50 Hottest Jewish Men of 2014 (40-31)

oin Shalom Life in celebrating the 50 most talented, intelligent, funny, and beautiful Jewish men of the year.

Read More

Jewish Hall of Fame: Dinah Manoff

December 24, 2014 | By Caitlin Marceau
Jewish Hall of Fame: Dinah Manoff

Manoff will forever be remembered for her iconic role in 'Grease'

Read More

The Ten Best Jewish Albums of 2014

December 24, 2014 | By Caitlin Marceau
The Ten Best Jewish Albums of 2014

A look at the best LP's delivered by Jewish artists, musicians, singers, rappers, etc.

Read More

Helena Bonham Carter and Tim Burton Split After 13 Years

December 24, 2014 | By Sara Torvik
Helena Bonham Carter and Tim Burton Split After 13 Years

The famous couple have two children together.

Read More

James Franco Celebrates 'The Interview' Release By Thanking President "Obacco"

December 24, 2014 | By Sara Torvik
James Franco Celebrates 'The Interview' Release By Thanking President "Obacco"

Franco poked fun at the President's name flub at a press conference for Sony leak last week

Read More

Natalie Portman, Scarlett Johansson Debate "Is The Gaza War Really Over?"

December 24, 2014 | By Sara Torvik
Natalie Portman, Scarlett Johansson Debate "Is The Gaza War Really Over?"

Thanks to the Sony leak, we have access to an email conversation about Israel and Palestine.

Read More

The Love Jewce: Let's Not Forget the Golden Rule

December 24, 2014 | By Andria Kaplan
The Love Jewce: Let's Not Forget the Golden Rule

"Do to others as you would have them do to you"

Read More

Adam Sandler Tops Forbes List of Most Overpaid Actors... Again

December 24, 2014 | By Sara Torvik
Adam Sandler Tops Forbes List of Most Overpaid Actors... Again

For the second year in a row, Sandler comes out on top as the most overpaid actor in Hollywood.

Read More

More Headlines