Coca-Cola Turkey will invest some 200 million dollars in Pakistan within the next two to three years, in addition to its current $500 million investment in the country.
This was announced by a delegation of Coca-Cola Turkey during a meeting with Prime Minister Imran Khan.
A delegation of the company called on Imran Khan at Prime Minister’s House. The delegation apprised the Prime Minister about the company’s 500 million dollars current investment in the country.
The delegation said that the company would make an additional investment of 200 million dollars within the next two to three years to expand its operations.
On the occasion, Prime Minister Imran Khan said that foreign investment in the country will create more job opportunities. The new investment will promote industrialization and will result in more revenue collections.
The Prime Minister assured the delegation of his government’s complete support and cooperation. The government will facilitate and extend support to those intending to invest in the country.
He urged foreign investors to take benefits of the conducive environment prevailing in the country.
He reiterated his government’s resolve to provide an enabling and positive environment to all investors on an equal basis.
Elsewhere in the world, soft drink companies are loosing business as people are getting more aware to the dangerous effects of consuming soft drinks and Coca cola recently acquired “Costa” coffee chain in a bid to diversify their business in case of foreseeable loss due to less consumption of soft drinks,, but they can invest more in Pakistan where people are stupid enough to destroy their health by drinking cola drinks.
Pakistan has one of the lowest per capita rates of soft drink consumption in the world. In 2012, it stood at 21L/capita/annum. Compare this to the worldwide average of 94 liters. These numbers are just for Coca Cola btw.
Where the numbers are plummeting, they are doing so from ridiculous consumption amounts (403L > 401L, USA). So, it makes sense economically to invest in a country like Pakistan where soda consumption is yet to reach the saturation point. This has got nothing to do with Pakistani people being ‘stupid’.
LOL leo bhai got burned for commenting without knowledge, thats why say people say it is better to keep quiet if you do not know about something
bhai Pakistanis loose more than 200 million dollars on diabetic drugs and loss productivity.
I assume Costa coffee chain is coming here. My favourite and would love to see them ruining local brands who just looting ppl.