PepsiCo, Afghanistan Beverage Industries sign deal
LAHORE— PepsiCo, Inc. ( NYSE: PEP), one of the world’s largest food and beverage companies, today signed an exclusive bottling agreement with Afghanistan Beverage Industries Ltd ( ABI) to manufacture and distribute PepsiCo beverages in Afghanistan. Members of the PepsiCo and ABI executive management teams were present at the signing, which was attended by H. E. Abdul Samad, Consul General of Afghanistan in Dubai, and representatives from the Afghan Business Council in Dubai as well as the American Business Council of Dubai & the Northern Emirates.
Starting later this year, PepsiCo’s beverages will be produced at ABI’s worldclass facility in Kabul, Afghanistan. As part of the deal, the plant will manufacture and distribute wellknown PepsiCo brands such as Pepsi, Diet Pepsi, 7UP, Diet 7- Up, Miranda, and Mountain Dew. “This partnership is good for PepsiCo, but more importantly, it is good for Afghanistan,” said Jahanzeb Khan, general manager, Pakistan & Afghanistan Commercial Unit. “We take pride in partnering with companies that are exceptional both as businesses and as employers, and in this regard ABI is a perfect fit.