Karachi, May 12, 2010: Chief Minister Punjab Mian Shahbaz Sharif inaugurated the expansion of the Coca-Cola plant, here today which has been set up with an investment of US $32 million. The capacity expansion of this state-of-the-art plant will generate several new jobs and benefit even more in the supply chain.
Prominent among those who were present on the occasion were US Consul General in Lahore, Carmela Conroy, US government officials, Punjab government officials, representatives of the NGOs and members of the American Business Forum.
Expressing his views on the occasion, Rizwan U. Khan, Country Manager, Pakistan & Afghanistan, The Coca-Cola Export Corporation said that Coca-Cola is committed to investing in Pakistan and has long-term sustainable plans. “We will invest another 34 million dollars in expanding our existing facilities in the next two years. This is just the start for us as we will be investing another 250 million dollars in Pakistan in the coming years by enhancing our capacity in the country.”
He further said that the investment will strengthen our supply chain, increase capacity and provide a source of livelihood through direct and indirect jobs thus benefiting the community as a whole.
He further said, “A measure of our confidence in the Pakistani market and the Pakistani consumer is the fact that, during the last few years, Coca-Cola has introduced several new brands in Pakistan and all of them have been very well received by the consumers. Our brands like Minute Maid, Kinley and Sprite 3G have done very well since their launch in Pakistan and we plan to introduce new products in the near future as well.”
Earlier, Ahsan Rashid, Managing Director, Coca-Cola Beverages Pakistan Limited presented his welcome address and was followed by the address by the US Consul General in Lahore, Carmela Conroy.
Chief Minister Punjab, Mian Shahbaz Sharif formally inaugurated the plant and addressed the audience. He appreciated Coca-Cola’s role in the growth of the industry and assured of his full support.
Coca-Cola has been doing business in Pakistan for over 50 years and its business has continued to grow over the years. All through this journey the Company has received excellent support and cooperation from the government in all spheres of business.
Coca-Cola’s commitment with its Live Positively theme is to make a positive difference in the world. As a responsible corporate citizen Coca-Cola acts with an eye toward future generations. Coca-Cola aims to quench every thirst and need while providing quality consumers can trust.
About The Coca-Cola Company : The Coca-Cola Company is the world’s largest beverage company, refreshing consumers with nearly 500 sparkling and still brands. Along with Coca-Cola, recognized as the world’s most valuable brand, the Company’s portfolio includes 12 other billion-dollar brands, including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitaminwater, PowerAde, Minute Maid and Georgia Coffee. Globally, we are the No. 1 provider of sparkling beverages, juices and juice drinks and ready-to-drink teas and coffees. Through the world’s largest beverage distribution system, consumers in more than 200 countries enjoy the Company’s beverages at a rate of nearly 1.6 billion servings a day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that protect the environment, conserve resources and enhance the economic development of the communities where we operate. For more information about our Company, please visit our website at http://www.thecoca-colacompany.com