Pep­siCo, Afghanistan Bev­er­age In­dus­tries sign deal

Pakistan Observer - - ECONOMY WATCH - STAFF RE­PORTER

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.

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