Coca-Cola and U.S.A.I.D. assist with water projects
March 22, 2007
by FoodBusinessNews.net Staff
ATLANTA — The Coca-Cola Co. announced plans to expanded its partnership with the U.S. Agency for International Development by investing $7 million in nine new water projects in Africa.
The projects — located in Angola, Ethiopia, Kenya, Mozambique, Nigeria, Tanzania, Uganda and Ghana/Ivory Coast — will help provide local solutions to help address issues of water scarcity, poor water quality and basic water and sanitation services.
The partnership between the U.S.A.I.D. and Coca-Cola began in 2005, and the organizations have worked to address the water crisis in Bolivia, Mali, Indonesia, Malawi, Egypt, Thailand, Uganda and South Africa. The new efforts will take the investments of the partnership up to $10 million.
"We are focused on water because it is fundamental to sustainable communities," said Dr. Dan Vermeer, director of global water partnerships for Coca-Cola. "While water is a key ingredient in all of our beverages, we recognize it is a shared resource that we must protect and preserve in all the communities where we operate. Our relationship with U.S.A.I.D. is a positive example of how public-private partnerships can provide localized support to those with the greatest needs for water and sanitation services while ensuring water resources are managed to serve future generations."