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Heineken to invest up to US$45m in Timor-Leste

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Heineken plans to build a “multi-beverage” facility in Timor-Leste as part of an investment of up to US$45m in the south-east Asia country. 

Heineken has struck an agreement with the Timor-Leste government

Heineken has struck an agreement with the Timor-Leste government

The Dutch brewer has signed a "formal investment agreement" with the government of Timor-Leste, also known as East Timor, it announced today. Construction work on the facility, Heineken's first in the country, will start this year and it is expected to open "before the end of 2016". The site, near the capital Dili, will produce a range of beer, soft drinks and water, Heineken said. 

A company spokesperson told just-drinks the "expected value of investment" will be between $30m and $45m.

Around 200 “direct” jobs will be created from the facility. Another 800 “indirect” jobs are expected to be created across retail trade, logistics, transport and other service providers, the brewer said.

Carlsberg is also eyeing an entry into Timor-Leste, according to reports last October.   


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