Coca-Cola to build $100-mn facility in Karachi

Karachi: Coca-Cola Limited is planning to set up a mega bottling plant in Karachi with an investment of $100-million. The City District Government of Karachi (CDGK) is likely to offer all assistance and necessary facilities.

Coca-Cola Country Manager for Pakistan and Afghanistan, Mr. Rizwan Khan met Karachi Nazim Syed Mustafa Kamal at his office on Friday, and apprissed him about the investment decision taken by the company.

He said the company selected Karachi for its mega project as it was impressed by growing investment being made here.

He said the head office of the company had directed him that work on the project be started forthwith.

Speaking on the occasion city Nazim Mustafa Kamal said that as a result of the city government's initiatives, a direct investment of $1.8-billion had been made in Karachi during the last two years, while more international companies were making contacts.

He said Karachi was appropriate for investment because it had a population of over 18 million and there were only few cities in the world having such a big base of consumers.