|
Simonds Farsons Cisk this week unveiled a major Lm14 million investment in three capital projects: the construction of a new packaging hall for soft-drinks, a new distribution centre and a new brewhouse.
Group Chief Executive Louis Farrugia - addressing a press conference attended by Prime Minister Dr Lawrence Gonzi and Investment, Industry and Information Technology Minister Dr Austin Gatt – said the new capital projects are to be completed by 2010.
“The aim of this investment is to improve efficiency, to continue improving the quality of our product, and in order to prepare for the complete liberalisation of the soft drinks market in 2008. Farsons has always been committed to ensuring that it is equipped with the most modern plant in order for it to be able to offer the best quality products efficiently,” he explains.
Construction works have already started on the new Lm5.6 million soft drinks packaging hall and will be completed by 2007. Work on the new distribution centre will begin shortly and this centre is also expected to be completed by 2007. The work on the new brewhouse is expected to begin in 2009 and will be completed the following year.
|
