On Wednesday, June 30, 2021, the groundbreaking ceremony for CCI Pakistan’s (Coca-Cola Beverages Pakistan Ltd) greenfield production plant in Haripur was held, with Chief Minister of KP province Mahmood Khan serving as the honorary guest of honour.
This would be CCI Pakistan’s seventh manufacturing facility in the country and the first in the KP province.
The new plant, which will cost $50 million to build, will double the company’s annual manufacturing capacity to meet expanding demand.
Additionally, Ihsan Mustafa Yurdakul, Turkish Ambassador to Pakistan, Abdul Karim Khan, Special Assistant to the Chief Minister of KP on Industry and Commerce, Taimur Saleem Khan, KP Minister of Finance, and other distinguished guests attended the groundbreaking event.
The ceremony was also attended by senior executives of CCI Pakistan, including Ahmet Kursad Ertin, General Manager of CCI Pakistan, and representatives of the press.
“CCI Pakistan is committed to creating value for our stakeholders,” stated Ahmet Kursad Ertin, General Manager CCI Pakistan, during the ceremony. Not only will this greenfield investment strengthen our manufacturing capacity and enable us to grow our national presence, but it will also create hundreds of direct and indirect jobs in the province of KP. Additionally, we will investigate and expand our community development programmes in the province of KP. We will continue to explore new opportunities and invest in comparable initiatives in the future, subject to the government enacting rules that provide a level playing field.”
The CCI Pakistan’s new Haripur facility will be equipped with cutting-edge equipment and will adhere to all applicable national and international standards.
CCI According to a recent Economic Impact study completed in Pakistan, the corporation contributes Rs30 billion in annual tax revenue with a tax multiplier of 1.21.
Additionally, the report showed that the income created by the CCI Pakistan value chain accounts for 1.95 percent of GDP. Additionally, the CCI Pakistan has undertaken social investments in community development projects.
Thirty filtration facilities have been established nationwide as part of project PAANI, delivering safe drinking water to over one million people each day.