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Coca Cola Pakistan announces $50m investment for K-P plant

hydrabadi_arab

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Coca Cola İçecek (CCI) Pakistan has announced that it will invest $50 million as it sets up its seventh production plant in the country in Haripur District, Khyber-Pakhtunkhwa (K-P).

A delegation of CCI Pakistan, including general manager Ahmet Kursad Ertin, met Prime Minister Imran Khan, and announced the investment for the greenfield project the company plans to set up in Haripur, K-P, some 60 kilometres away from the federal capital Islamabad.

“This will be CCI’s 7th production facility in the country,” a statement issued on Wednesday by the company said. “Construction of this new state-of-the art plant site is scheduled for completion by the first quarter of 2022. It will mainly cater to the beverage needs of northern Pakistan.

“The proposed project will not only bring investment but also create direct and indirect employment opportunities as well as revenue generation for the government.”

During the meeting, Ertin pitched the company as a “leading member of the Pakistan-Turkey Business Council and one of the largest private Turkish investors in Pakistan”.

A report on the socio-economic impact of CCI’s business was also presented to the prime minister.

In a tweet in April, the Pakistan Tehreek-e-Insaf (PTI) government announced that K-P is open for business and investment and that Coca-Cola would establish a bottling plant in Haripur. However, the size of the investment was not disclosed at the time.

 

N.Siddiqui

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Coca Cola İçecek (CCI) Pakistan has announced that it will invest $50 million as it sets up its seventh production plant in the country in Haripur District, Khyber-Pakhtunkhwa (K-P).

A delegation of CCI Pakistan, including general manager Ahmet Kursad Ertin, met Prime Minister Imran Khan, and announced the investment for the greenfield project the company plans to set up in Haripur, K-P, some 60 kilometres away from the federal capital Islamabad.

“This will be CCI’s 7th production facility in the country,” a statement issued on Wednesday by the company said. “Construction of this new state-of-the art plant site is scheduled for completion by the first quarter of 2022. It will mainly cater to the beverage needs of northern Pakistan.

“The proposed project will not only bring investment but also create direct and indirect employment opportunities as well as revenue generation for the government.”

During the meeting, Ertin pitched the company as a “leading member of the Pakistan-Turkey Business Council and one of the largest private Turkish investors in Pakistan”.

A report on the socio-economic impact of CCI’s business was also presented to the prime minister.

In a tweet in April, the Pakistan Tehreek-e-Insaf (PTI) government announced that K-P is open for business and investment and that Coca-Cola would establish a bottling plant in Haripur. However, the size of the investment was not disclosed at the time.


This plant will certainly suck dry the ground water, deplete the ground water to quite an extent.

And create the unhealthy and hazardous fizzy drink, Coke, Pepsi and other fizzy/soda drinks are unhealthy and the reason for diabetes, high blood pressure, bone degeneration, tooth decay, acidity and stomach ulcers...as it contain unhealthy acids and additives. Also one normal 225 ml bottle contains as much as 10 tea spoons of sugar...


"The problem with fizzy and diet drinks is they're very acidic," Dr Frankie tells Newsbeat. "They can cause erosions to the dental enamel, potentially dissolving the enamel on our teeth". Those full-fat ones especially bring with them a number of health problems, most relating to their high sugar content.04-Sep-2019


 

El Sidd

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Get this unhealthy garbage out of Pakistan.
KP has free health. They can catch on fire like Joey Tribbiani and won't care.

Another PTI election promise fulfilled.

"Ab tourist burger or cola peenay Pakistan ayenge, yahan tarraqi hogi"
 

VCheng

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And create the unhealthy and hazardous fizzy drink, Coke, Pepsi and other fizzy/soda drinks are unhealthy
Do we give people the right to make their own choices of what to eat or drink, or do we mandate such options by law?
 

El Sidd

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Actually, the thread is about a $50 million investment. I wonder how many direct and indirect jobs would benefit many families?
How much will Coke get in return on this investment is the number that is more interesting.

Nihari, Kebab and Coke, Oh My !!

You are a doctor right? What's the calculated rate of returns on a hospital investment in KP?
 

Bilal Khan (Quwa)

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Actually, the thread is about a $50 million investment. I wonder how many direct and indirect jobs would benefit many families?
If Pakistani consumer tastes change, Coca Cola will make healthy drinks.

E.g., in Canada, both Coca Cola and Pepsi are competing for the scented carbonated water with Aha! and Bubly, respectively. Heck, even Pakistani companies can get on this market since it's relatively open still. Someone needs to make 'pop pani' in Pakistan.
 

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