Pepsi and Coca-Cola’s Pledge to Pakistan
Looks like this is the first time America’s two favorite soft drinks won’t be budding heads. Pepsi and Coca-Cola executives discussed some details with the Pakistani Prime Minister Imran Khan recently, regarding the companies’ pledge to invest over $1.4 billion dollars into the country.
Coca-Cola has already created business ventures with Pakistan, including investments of over $500 million. The plan now is to expand those numbers by investing another $200 million into the Middle East within the next three years. Pepsi, however, has been discussing to invest over $1 billion into the country over the next 5 years. Pepsi is also said to have been involved in this investment with Mike Spanos, who is the Chief Executive of Pepsi in the Middle East and North Africa.
To keep up with these financial updates, please click here.