ISLAMABAD: Coca Cola has announced to invest another $300 million in Pakistan, increasing the total amount to $450 million.
Company’s Group Corporate Affairs Director Atilla Demir Yerlikaya said this during meeting with Finance Minister Ishaq Dar. He added that Coca Cola had directly employed over 5000 people but indirectly generated job opportunities for about 70,000 people.
The finance minister appreciated the company’s economic contribution in terms of investment and employment generation. He also welcomed its future investment plans and said the present government offered a liberal investment regime for prospective foreign investors and concerns. He added that the government duly recognized the role of beverages industry in terms of revenue generation for the country and would extend all possible support for its promotion and growth. He also sought suggestions for further growth of the beverage industry while safeguarding government revenue at the same time.
The minister also shared with Attila Demir, who is also chairman of Pak-Turk Business Council, his views on the ever growing Pak-Turk cooperation in various spheres. He expressed the desire for enhanced interaction between businessmen of both the countries to strengthen their economic and trade relations.
