Coca-Cola is considering a major investment in the Peruvian market, according to local reports.

The general manager of Coca-Cola Services of Peru, Ricardo Cortes, told Gestion newspaper on Friday that the company was considering building a bottling plant that would consolidate the operations of three existing facilities and increase production.

He said: "Construction on the megaplant should begin in 2007, and it should be operative by the beginning of 2008. It is within our strategic plan."

Investment in the plant would reach US$100m, he said, adding that another US$100m would be spent on A&P over a three-year period.