Posts Tagged ‘Goldman Sachs’
Photo by Svadilfari at Flickr.com
Coca-Cola disclosed its plan to spend $1 Billion over the next five years to expand its presence and operations in the Philippines as part of its global plan to focus more on emerging markets. A recent upgrade in global standing of the Philippines by Goldman Sachs to include the country in its “Next Eleven” list may have been one of the reasons why Coca-Cola is investing this much. With a population of 91 million and a stable manufacturing and service-based economy, the Philippines offers several good investment options for the likes of Coca-Cola.
$2 Billion investment is also alloted for China while it is also buying its largest bottler in North America for more than $12 Billion.