- THE MAGAZINE
- NEW PRODUCTS
The Ivory-coast based CKG Group has signed an agreement with the Salalah Free Zone (SFZ) to build a large chocolate factory in the Sultanate of Oman in Indonesia.
Bloomberg Businessweek reports that the $150-million facility is slated to open at the end of 2015. It will be able to process 50,000 metric tons of cocoa beans a year.
The news organization also reports that the facility will be a joint venture of Oman and CKG under the name, Chocolatry of Oman.
“This project will enable us to supply the markets of Saudi Arabia, the United Arab Emirates and the entire region where there is a big potential,” Charles Kader Goore, chairman of CKG, told Bloomberg Businessweek by phone from Madrid.