Coca-Cola announces $379m expansion plan for Pakistan

Discussion in 'Pakistan' started by farhan_9909, Mar 5, 2013.

  1. farhan_9909

    farhan_9909 Tihar Jail Banned

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    KARACHI: Optimistic about its growth prospects in Pakistan, the Coca-Cola Company – one of the world’s largest beverage companies – will invest $379 million on manufacturing facilities across Pakistan over the next three years to expand its business, the company’s Pakistani subsidiary announced on Monday.

    The announcement comes on top of the $172 million already invested by Coca-Cola in the country in 2011. The beverage giant will be spending the money on three new bottling plants, one each in Karachi, Multan and Islamabad. The announcement was made in the ground-breaking ceremony of the Multan plant on Monday.

    The funds will be utilised for expansion and bringing about infrastructure changes and systemic improvements in the Coca-Cola system, an official press release said.

    The expansion plans come as rising demand makes it difficult for Coca-Cola to keep pace with its existing production capacity in Karachi and Punjab, according to company officials. A decent growth in its top-line may also be another factor encouraging more investments.

    Owing to its strategic location, Multan can not only serve southern and northern Punjab – which alone accounts for more than 60% of Coca-Cola’s business – but can also cater to Karachi’s market, company spokesman Fahad Qadir told The Express Tribune.

    Greenfield investment refers to new foreign direct investment that will be utilised in setting up a completely new project, as opposed to an existing business expanding operations with its free cash flows.

    Qadir says the plant will be fully equipped with state-of-the-art production equipment and product warehousing facilities. The plant will also have a much higher manufacturing capacity, he said.

    Besides the three Greenfield plants announced, Coca-Cola Pakistan already operates six bottling factories in Pakistan, located in Karachi, Gujranwala, Multan, Lahore, Rahimyar Khan, and Faisalabad. It buys close to Rs13 billion in raw materials from around 300 local suppliers.
    The Coca-Cola System, according to the press release, provides direct and indirect employment to more than 8,000 people in Pakistan; while another 35,000 people are employed through its supply chain, and another 100,000 benefit through employment in allied industries
    .

    Coco-Cola Pakistan refused to comment on its revenues: but our sources say the company earned over Rs50 billion in revenues for the financial year ending June 30, 2012; a 55% increase when compared with the previous year. It also paid Rs10 billion in taxes.
    Correction: An earlier version of this article incorrectly stated that the term “Greenfield” mean energy-efficient.
    Published in The Express Tribune, March 5th, 2013.

    Coca-Cola announces $379m expansion plan for Pakistan – The Express Tribune
     
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  3. Decklander

    Decklander New Member

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    Soon some mullah will issue a Fatwa that drinking Coca-cola is anti islamic and makes men impotant. The whole investment will sink like anti polio drive. Every Pak visitors to India ensure that their children are given polio drops on entering India and they willingly do it. They want their children to be healthy and safe but mullahs like @Farhaan think otherwise.
     
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  4. farhan_9909

    farhan_9909 Tihar Jail Banned

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  5. farhan_9909

    farhan_9909 Tihar Jail Banned

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    I have seen mullah drinking Coca cola,pepsi,dew

    your info is wrong
     
  6. Blackwater

    Blackwater Veteran Member Veteran Member

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    never heard of it in india or europe?

    where do u export ???

    do u also consume locally??
     
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  7. rock127

    rock127 Maulana Rockullah Senior Member

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    Might be possible... this Coca-Cola project could be the next hidden conspiracy.
     
  8. farhan_9909

    farhan_9909 Tihar Jail Banned

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    I don't know what happened..old news when Pak wanted to export murree beer to india.

     
  9. Blackwater

    Blackwater Veteran Member Veteran Member

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    consuming american products and same time abusing them.

    kya yeah khula fasad nahi??/
     
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  10. Bhadra

    Bhadra Defence Professionals Defence Professionals Senior Member

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    Alcohol in Islam is Haram..
     
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  11. farhan_9909

    farhan_9909 Tihar Jail Banned

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    well i do drink it every day but only the non alcoholic

    Malt are very famous throughout pakistan
    [​IMG]
     
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  12. Bangalorean

    Bangalorean Stars and Ambassadors Stars and Ambassadors

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    What I do know is, as per the "Paki lies and denial thread", your so-called "Murree beer" was never going to be exported anywhere. It was just a story to make Pakis feel good about themselves, as usual:

    http://defenceforumindia.com/forum/pakistan/48130-pakistani-lies-denial-thread.html

     
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  13. farhan_9909

    farhan_9909 Tihar Jail Banned

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    ONLY
    beyond the average limit.

    And allowed in certain cases as well..for example in cough syrup
     
  14. Bhadra

    Bhadra Defence Professionals Defence Professionals Senior Member

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    Ha Ha Ha ...

    you are right,,,

    All Muslims elites in India were drunkards ... I would say majority... specially in durbars..

    Alchohal as it is today was introduced in India by Muslims...

    and even Hukkaha ... the smoking machine...
     
  15. Bhadra

    Bhadra Defence Professionals Defence Professionals Senior Member

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    As far as I know Murre has only one quality product - Murra Buffellow..... yane Bhains.... Murra Bhains ...
     
  16. Bhadra

    Bhadra Defence Professionals Defence Professionals Senior Member

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    Please quote Quoran or Hadith or some other authority ..
     
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  17. farhan_9909

    farhan_9909 Tihar Jail Banned

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    Lying as well is haram?but muslim lie..so is the case with Alcohol.available in almost every city of pakistan even in miranshah(north waziristan)

    Saaqi,to me you even that denies
    The Broken cup that in the corner lies
     
  18. Decklander

    Decklander New Member

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    India has allowed its import longback but Pak is having problems as how can an islamist country brew alcohol which is called Haraam in Islam.
     
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  19. farhan_9909

    farhan_9909 Tihar Jail Banned

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    i am not a scholar.but you can confirm this from any islamic scholar you know in reality
     
  20. Bhadra

    Bhadra Defence Professionals Defence Professionals Senior Member

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    Shayari karani hai to uski zubaan Urdu hai..

    Angreji jaisi murda juban men kya shayari ?? Kyon Ji
     
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  21. Bhadra

    Bhadra Defence Professionals Defence Professionals Senior Member

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    Last edited by a moderator: May 10, 2015

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