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Monday Feb 11 2019
By
Web Desk

Chaudhry welcomes PepsiCo decision to invest $1bn in Pakistan

By
Web Desk
PepsiCo Senior Vice President Krista Pilot tells Minister for Information Fawad Chaudhry that her company intends to invest in Pakistan in the field of food. — APP

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.

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