AB InBev invests $413m in new Colombia brewery

By Rachel Arthur

- Last updated on GMT

AB InBev invests $413m in new Colombia brewery

Related tags Colombia Ab inbev Beer Brewing

Bavaria, AB InBev’s brewer in Colombia, will construct a new brewery in the northern region municipality of Palmar de Varela.

The new brewery will begin operations in mid-2024, producing national beer brands such as Aguila, Poker and Club Colombia. It will be located one hour from the Atlántico capital city of Barranquilla.

The investment being made by Bavaria amounts to around $413m. AB InBev estimates that more than 1,500 jobs will be created during the construction phase. Once operational, the brewery is expected to generate 350 direct jobs and 7,000 indirect jobs.

AB InBev says the brewery will be built to high environmental standards as it works towards its 2025 Sustainability Goals. The brewery will begin operations with zero net carbon emissions and advance Bavaria’s commitment to brew 100% of its products using solar energy.

Bavaria President, Sergio Rincón, says the investment represents the long-term potential the company sees in the country.

“We firmly believe in Colombia and in the great transformations that the private sector can generate for the benefit of the country,”​ he said. “With this new plant, Bavaria is investing long-term on a significant expansion of the industry.

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“It fills me with pride to share this good news with the country. We Colombians deserve a future full of hope, celebrations and progress, and this new investment is an important part of our journey to create a future with more cheers. It is an example of the spirit of Bavaria, which after more than 130 years, continues to invest in growth and innovation.”

Bavaria has seven breweries, two barley malting houses and a labeling operation in Colombia. The company employs 4,000 people and generates approximately 80,000 indirect jobs