Luanda – The multi-national Coca-Cola Bottling/Luanda has invested USD 70 million in the construction of a brewery dubbed "N'gola-Norte", in Funda, Luanda.

This was said to Angop in Luanda by the chief executive officer of the institution, Samuel Jerónimo.

The source said that of the amount that is part of the company’s investments for 2009, Usd 60 million went for the construction of the infrastructure, five million for bottles (initial phase), one million for freezers to activate the market in the northern zone and three million for other equipment.

According to him, the freezers which are silent vendors, have a specific value as  they contribute to the trademark development, therefore as from June/July Coca-Cola Bottling will start producing N'gola beer from Luanda.

With the emergence of this new factory, the source said, Coca-Cola will have created 700 new jobs this year, 430 of which for N'gola/Norte plant and the others will work in the sectors of transport, logistics and finance.