Pepsi And Coca Cola Pouring $1.4 Billion In Pakistan

[RangeMaster]

28 Nov, 2018

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ISLAMABAD - Pakistan all set to get a huge investment worth $1.4 billion, private media has reported.

READ MORE:Indian PM Narendra Modi will be invited to Pakistan: FO Sources
Pepsi and Coca-Cola are set to invest $1.4 billion in Pakistan in coming years, a statement from Prime Minister Imran Khan’s office said, after executives from the two companies met with Khan.

Pepsi planned to make “a further investment of $1.2 billion” in next five years, Khan’s office said on Wednesday, after the company’s chief executive for Asia, Middle East and North Africa, Mike Spanos, led a Pepsi delegation that met Khan.

READ MORE:PM Imran Khan to inaugurate the Kartarpur border opening
Coca-Cola, which has a $500 million business already in Pakistan, also pledged a planned $200m investment in the coming two to three years, Khan’s office added in a separate statement on Tuesday.

 

[RangeMaster]

https://twitter.com/x/status/1067772806744674304

 

[313ghazi]

oh boy... i'm not sure this is a good thing.

 

[BATMAN]

Pouring in !!!!!
They will sell disease and people would end up spending billions on their health.

 

[N.Siddiqui]

ISLAMABAD - Pakistan all set to get a huge investment worth $1.4 billion, private media has reported.

COKE and PEPSI and other Fizzy, Soda drinks are a recipe for bad health, cancer causing Aspartame, Osteoporosis, bone and teeth decay, digestive system decay, Diabetes...and dozens more alarming diseases....should be banned here in Pakistan.

Surprised by Asad Umar talking about the investment and IK meeting the delegation...the reason they are shifting their business to third world countries as health awareness in first world countries are causing them to move to newer markets....Govt. need to throw them out.

Also they are causing huge ground water depletion....this is big threat to a country which is water stressed like Pakistan...sad and shameful situation.

 

[Areesh]

Thank You Momina Mustehsan

 

[VCheng]

Pouring in !!!!!
They are will sell disease and people would end up spending billions on their health.

Drinking soda is a voluntary choice. Don't like it? Don't drink it. Simple!

 

[N.Siddiqui]

Much cheaper than actual toilet cleaners though...

 

[graphican]

That simply means there is a close to $2 Billion dollars market gap which these investors are trying to cover. Local beverage brands in Pakistan should invest and improve themselves to take a share from this opportunity.

 

[Trango Towers]

oh boy... i'm not sure this is a good thing.

This is terrible for pakistans future. Bad sugary drinks that are on the verge of being banned in the west are exploiting developing markets purely for profit. The govenment should think about applying sugar tax.

 

[Muhammad Omar]

They also sell Mineral Water in Pakistan

Aquafina by Pepsi
Dasani by Coca Cola

 

[Yaseen1]

Let them pour money after this money come in Pakistan impose heavy tax on them no one will buy their product and money inflow will benefit us for timebeing and for short term after which due to high taxes they will move out of Pakistan

 

[Zulfiqar]

These FDI figures are overstated. They are not bringing in that much dollars but will invest equity in form of machinery which they would have purchased from abroad as usually these type of machines are not made here.

Apart from that money invested to increase the distribution does not help is that much as these types of companies are increasing consumption not capacity generation. Think of what they did in Mexico and China. We will not be generating any fx revenue.

 

[Sully3]

soft drinks are not fashiobnable anymore especially the younger generation hence why you aee Coke and Pepsi diversify their portfolios.

Pepsi bought Costa coffee recently who some think is top 2 coffee house of the world

Coke has invested heavily in the legal marrijuna industry and think weed infused drinks will be a bit hit in the future.

 

[VCheng]

Coke has invested heavily in the legal marrijuna industry and think weed infused drinks will be a bit hit in the future.

Considering that Coca Cola started out with cocaine in its original recipe, this would brings things back around a full circle.