San José, 24 Mar Coca-Cola reported Thursday that it has invested a total of $140 million in the plant that began operations two years ago in the Costa Rican city of Liberia, Guanacaste province (west). The investment was announced this Thursday by the company as part of a visit by the President of Costa Rica, Carlos Alvarado, to the plant where 164 formulas are produced for beverages and which exports to Central America, the Caribbean and other Latin American countries. “I want to thank the decision of this prestigious company to expand its presence in the country and to establish in Costa Rica the most modern infrastructure in the world, which undoubtedly has a significant impact on local economic development and confirms that Costa Rica continues to be a very attractive option for investment,” said the president Alvarado in a joint statement. President and First Lady Claudia Dobles toured the plant with Coca-Cola Global CEO James Quincey. The plant, where 130 people work, incorporates intelligent technologies with advanced manufacturing techniques, robotics, internet of things, analytics and process automation, according to company information. “The start of operations in Liberia has made it possible to add attention to new markets. The company is constantly evaluating opportunities to improve its supply chain and the operation in Liberia is set to become a key player,” said Coca-Cola Public Affairs and Communication Manager for Central America, William Segura. For Coca-Cola, the location in Liberia, Guanacaste, is strategic because it provides the operation with a number of logistical advantages, such as proximity to an international airport, expedited overland exit to the region and a good connection to access the main ports. Data from the Foreign Trade Promotion Office (Procomer) place Coca-Cola in the first place in exports of the country's food industry, as well as the third largest exporter overall. CHIEF dmm/jrh