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The Chief Executive Officer of Coca-Cola Hellenic Bottling Company, Zoran Bogdanovic, expressed the company’s confidence in Nigerian government policies as a key factor behind its $1bn investment pledge.

“Since 2013, we have invested $1.5bn in Nigeria for capacity expansion, transformation of our supply chain infrastructure, and training and development. With a predictable and enabling environment, we are pleased to announce that we plan to invest an additional $1bn over the next five years. We believe in Nigeria’s tremendous potential and are committed to working with the government to realize this potential.

“Mr President, in your inaugural address, we were very pleased to hear of your invitation for foreign investors to invest and your assurance that foreign businesses can repatriate dividends and profits.”

Bogdanovic underscored the company’s commitment, stating, “That assurance gives us the confidence to continue our investments. Since 2013, we have invested $1.5bn in Nigeria in capacity expansion, transformation of our supply chain infrastructure capabilities, training, and development.

“I am very pleased to announce that, with a predictable and enabling environment in place, we plan to invest an additional $1bn over the next five years. We believe Nigeria’s potential is tremendous, and we are committed to working with the government to realise this potential.”

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