Coca-Cola to invest over $350m in Pakistan

Islamabad, Oct 9: Coca-Cola Company is implementing a plan to invest over $350 million in Pakistan.

Coca Cola President Eurasia and Africa Group Nathan Kalumbu in a meeting with Pakistan's Finance Minister in Islamabad on Friday discussed the three new Coca Cola plants that are being established at Karachi, Multan and Islamabad, Radio Pakistan reported.

The fresh investment would further contribute to strengthening of economy and job creation in the country.

The Finance Minister Ishaq Dar said Pakistan government offers a liberal investment regime and facilitates to all foreign investors in accordance with existing regulations of the country.

He said Pakistan is ranked seventh in Coca Cola's Eurasia and Africa group which includes 84 countries and the company accords it due importance in terms of production, marketing and other commercial activities.

IANS