A team of Coca-Cola Beverages Pakistan Limited (CCI Pakistan), GM Ahmet Kursad Ertin met with the Prime Minister of Pakistan and announced an investment of USD 50 million for a Greenfield project the firm aims to build up in Haripur district, Khyber Pakhtunkhwa (KP) (KP). This will be CCI’s 7th the production facility in the country. Construction of this new state-of-the art plant location is expected for completion by the first quarter of 2022. It would largely cater to the beverage demands of northern Pakistan.
During the discussion, Mr. Ahmet Kursad Ertin highlighted the company as a leading member of Pakistan-Turkey Business Council and one of the largest private Turkish investors in Pakistan, which is paving the way for additional Turkish investors. According to the delegation, the planned project will not only bring large investment to the region but also provide direct and indirect employment possibilities and revenue generation for the Government as well as for third party suppliers, vendors & distributors.
A report on the socio-economic effects of CCI’s business was also delivered to the Prime Minister. The analysis reveals that CCI Pakistan’s value chain adds a remarkable PKR 865 billion income to the country’s GDP yearly – which is roughly 1.95 percent percent of the national GDP. Further, CCI’s Corporate Social Responsibility (CSR) programmes were also highlighted, which include Paani Project (Water Filtration Plants) across Pakistan, COVID-19 Relief of USD 1 million and newly signed MoU of planting 50,000 trees across Pakistan.
The ambassador of Turkey to Pakistan, H.E. İhsan Mustafa Yurdakul accompanied the CCI Pakistan group. Other delegation members included Syed Omar, Director Public Affairs and Communications and Mr. Basit Pirzada, Public Affairs Manager. Government officials present at the meeting included Federal Minister Industries and Production, Advisor Commerce and Investment, Federal Secretary Board of Investment and Chairman Federal Board of Revenue (FBR) (FBR).
CCI, principally owned by Anadolu Group – one of Turkey’s largest industrial conglomerate -is an international beverage firm operating in 10 countries with 26 factories. CCI Pakistan, a subsidiary of CCI, produces, distributes, and sells sparkling and still beverages of The Coca-Cola Company in Pakistan. It currently services a client base of 208 million with 6 producing plants and a workforce of 2,500 personnel across Pakistan.