Saturday, 23 October 2021

PepsiCo plans to invest $1b in Pakistan

DUBAI: The PepsiCo is planning to invest $1 billion in Pakistan, the company’s Vice President Krista Pilot said.

Pilot met Information Minister Fawad Chaudhry in Dubai. She told the minister that her company intends to invest $1 billion in Pakistan’s food sector.

She said that the PepsiCo will invest in a potato unit in Multan and the company wants Prime Minister Imran Khan to inaugurate it.

Chaudhry thanked Pilot and said the investment by the PepsiCo and British Airways will encourage other companies to invest in Pakistan. It shows they trust the country, he said.

He said the fruits of PM Khan’s vision, policies and reforms agenda will soon become visible.

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