- US$ 15 million EBRD loan to MCS Coca-Cola
- Largest Mongolian producer of soft drinks to launch new PET bottling plant
- Greater production efficiency, improved distribution
The European Bank for Reconstruction and Development is supporting MCS Coca-Cola, Mongolia’s largest producer of soft drinks, by providing fresh funds required for the completion of its long-term investment programme to meet growing demand.
A senior loan of up to US$ 15 million to MCS Coca-Cola will help to finalise the construction of a new PET bottling plant.
The funds will be used to install a modern and resource-efficient bottling line and to build an energy-efficient warehouse. Both the bottling line and the warehouse will comply with international occupational health and safety, food safety and environmental standards.
In addition, the new bottling line and warehouse will improve MCS Coca Cola’s distribution of food and beverages in rural areas and increase their shelf life.
To date, the EBRD has invested more than US$ 1.87 billion in Mongolia’s economy through 117 projects.