PepsiCo to open its first plant in Afghanistan in 2014, the same year that foreign troops complete withdrawal from country following 13 years of year, according to company's partner in nation
May 20, 2013
(Industry Intelligence Inc.)
– According to PepsiCo Inc.'s partner in Afghanistan, the company will open its first plant in the nation in 2014, the same year that foreign troops complete their withdrawal from the country following 13 years of war, Thomson Reuters Corp. reported May 20.
Hamed Kakar, head of marketing for Dubai, UAE-based Alokozay, which has an exclusive bottling agreement with PepsiCo in Afghanistan, said the plant will open next year.
Investors are looking at Afghanistan as a potential source of business as the war winds down, though many are deterred by an uncertain future and instability.
The primary source of this article is Thomson Reuters Corp., London, England, on May 20, 2013.