Saturday , February 16 2019
Breaking News
Home / Business / Fawad welcomes PepsiCo decision to invest $1b in Pakistan
Fawad welcomes PepsiCo decision to invest $1b in Pakistan

Fawad welcomes PepsiCo decision to invest $1b in Pakistan

DUBAI: Minister for Information Fawad Chaudhry Monday welcomed the decision of PepsiCo Inc. to invest $1 billion in Pakistan.

During a meeting with the minister, Senior Vice President of PepsiCo Krista Pilot said the company intended to invest in the field of food (snacks). Under the investment, a potato unit will be installed in Multan, she said.

Pilot expressed the desire that Prime Minister Imran Khan should inaugurate this unit, saying that farmers who cultivate potatoes would benefit from the installation of the unit in Multan.

Chaudhry said that investment by British Airways, PepsiCo and other global companies was an ample proof of growing trust of the world in Pakistan.

He said Imran Khan’s vision, policies and reforms agenda would attract more foreign investments in the coming days.

The minister said the government wanted a collaboration with PepsiCo in promoting Pakistan’s diverse culture, music and tourism.

He said Pakistan was a great destination for breathtaking valleys and colorful cultures, and the government would promote the real face of Pakistan in the whole world.

Chaudhry added that foreign investment would also increase employment opportunities in the country.