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Coca-Cola Affirms Brazil 2012 Commitment

By Ben Tavener, Senior Contributing Reporter

RIO DE JANEIRO, BRAZIL – U.S. soft drinks giant Coca-Cola has said that the company is to keep its word over plans to invest R$2.8 billion (around US$1.4 billion) in the company’s Brazilian arm, Coca-Cola Brasil, this year. The company's top man in Brazil chief said the company would meet its investment target for 2012, and was also “certain” to improve on it further next year.

The announcement has bucked the recent trend of foreign investor reducing the capital flowing into Brazil due to the relative . . .

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