Islamabad (Staff Report): Soft drink giant Pepsi is set to make a massive investment in Pakistan in coming years.
According to a statement issued by Prime Minister’s office, Pepsi’s chief executive for Asia, Middle East and North Africa, Mike Spanos, led delegation met PM Imran Khan. During the meeting, Mike Spanos said that Pepsi planned to make “a further investment of $1.2 billion” in Pakistan during next five years.
Khan told the delegations that Pakistan was committed to facilitate businesses and investors in Pakistan, where 100 million people are below the age of 30.
Earlier, Coca Cola that 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.