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PepsiCo mulls investing $1bn in Pakistan

Discussion in 'Infrastructure & Development' started by Shahzaz ud din, Feb 12, 2019.

  1. Shahzaz ud din

    Shahzaz ud din SENIOR MEMBER

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    PepsiCo mulls investing $1bn in Pakistan
    PepsiCo plans to invest in a potato unit in Multan and the company wants Prime Minister Imran Khan to inaugurate it

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

    [​IMG]
    Talking to Information Minister Fawad Chaudhary in Dubai, she said her company was interested in investing $1 billion in Pakistan’s food sector.

    As per a local media report, PepsiCo plans to invest in a potato unit in Multan and the company wants Prime Minister Imran Khan to inaugurate it.

    Fawad Chaudhry on the occasion thanked Pilot, saying that investments by the PepsiCo and British Airways would encourage other companies to invest in Pakistan. “It shows they trust the country,” he remarked.

    He said the fruits of PM Khan’s vision, policies and reforms agenda would soon become visible, adding that job opportunities would increase with foreign investment in the country.
    Source
     
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  2. Hakikat ve Hikmet

    Hakikat ve Hikmet SENIOR MEMBER

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    Business folks are clever!! They go by the total strength of the Pak economy (=30% official + 70% un-official)!!! Some folks jump at seeing the 30% while comparing with their manipulated one!!! And, they open threads after threads to feel good while working through their menial jobs with rudimentary consumption capability (one tenth of Pak for transportation, housing, consumer goods etc.)...
     
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  3. Kambojaric

    Kambojaric SENIOR MEMBER

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    After big decline in trade deficit, another good news :tup:
     
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  4. Shahzaz ud din

    Shahzaz ud din SENIOR MEMBER

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    Long time worked as manager in PEPSI.So I think it will be a good investment. Specially the farmers who grow potatoes will definitely benefit a lot.:agree:
     
    Last edited: Feb 12, 2019
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  5. hussain0216

    hussain0216 ELITE MEMBER

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    Do they put potatoes in pepsi?
     
  6. GIANTsasquatch

    GIANTsasquatch SENIOR MEMBER

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    Pepsico owns lays and other snack brands
     
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  7. nahtanbob

    nahtanbob BANNED

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    pepsi owns frito lays brand of potato chips
     
  8. War Thunder

    War Thunder SENIOR MEMBER

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    So you must be the most obese person on the planet or as close to one as one can be?

    ever read the manufacturer on your potato chips that you eat and other drinks you take which are not "pepsi"?
     
  9. ALi Rizwan

    ALi Rizwan FULL MEMBER

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    Definitely Good for Farmers in that region but not much for Local Competitors.
    Also don't forget Multan Snacks unit is only 66 Million $ project.
    Major investment will probably goes to bottling business.
     
  10. Arsalan

    Arsalan MODERATOR

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    Excellent. Need value addition industry for our agriculture products. Potato chips, roasted dry fruits and grains/beans, juices and jams, pulp etc!! All this have excellent potential to be exported and TDAP must work to facilitate farmers and educate them about this. Also in same time the more foreign investment we can get into this the better.
     
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