SABMiller Invests $250M in Angola
SABMiller plc announces that in 2009 it will open a new $125 million brewery and sparkling soft drinks (SSD) plant in Angola to support the country's growing demand for beverages. SABMiller has rapidly expanded its production assets, depots, sales force and route to market in Angola as the country has maintained its strong economic growth record.
On completion of the new brewery and SSD plant, SABMiller will have invested approximately $250 million in upgrading or building new facilities across Angola in 18 months.
Production of clear beer will begin at the new greenfield brewery in Luanda in northern Angola in October 2009. This facility will produce approximately 500,000 hl of clear beer and employ 500 people from the surrounding area. This will take the total number of people employed by SABMiller and its joint venture partner Empresa Cervejas de N'gola, to more than 2000 across five brewery and bottling facilities in Angola.
The new SSD plant will see production beginning on three bottling lines, capable of producing 200,000 hl per year.
Mark Bowman, managing director for SABMiller Africa, says "SABMiller remains positive about the potential of the Angolan market and in conjunction with our partners, we are continuing to invest in what will be a bright future for the business. Angola's economy has held up well during the global economic crisis and our team on the ground has risen to the challenges posed by supply chain and infrastructural constraints."
On completion of the new brewery and SSD plant, SABMiller will have invested approximately $250 million in upgrading or building new facilities across Angola in 18 months.
Production of clear beer will begin at the new greenfield brewery in Luanda in northern Angola in October 2009. This facility will produce approximately 500,000 hl of clear beer and employ 500 people from the surrounding area. This will take the total number of people employed by SABMiller and its joint venture partner Empresa Cervejas de N'gola, to more than 2000 across five brewery and bottling facilities in Angola.
The new SSD plant will see production beginning on three bottling lines, capable of producing 200,000 hl per year.
Mark Bowman, managing director for SABMiller Africa, says "SABMiller remains positive about the potential of the Angolan market and in conjunction with our partners, we are continuing to invest in what will be a bright future for the business. Angola's economy has held up well during the global economic crisis and our team on the ground has risen to the challenges posed by supply chain and infrastructural constraints."