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Pepsi planned to achieve "an additional investment of $ 1.2 billion" in the next five years, announced Wednesday the office of Khan, after its general manager for Asia, the Middle East and North Africa, Mike Spanos, led a Pepsi delegation meeting with Khan.
Coca Cola, which already manages $ 500 million in Pakistan, has also announced a planned investment of $ 200 million over the next two to three years, Khan's office said in a separate statement Tuesday.
Coca Cola did not immediately respond to a request for comment. Pepsi could not be reached for comment.
Khan, who took power in August, inherited a faltering economy under the effect of the growing current account deficit, which prompted the government to seek loans from the government. Chinese and Saudi allies, as well as to start rescue talks with the International Monetary Fund. (IMF).
But many consumer businesses consider Pakistan, the sixth most populous country in the world, a vibrant consumer market because of the rapid growth of its population of 208 million.
Khan told delegations that Pakistan is committed to facilitating business and investors in Pakistan, where 100 million people are under 30 years old.
"We believe it is these young people who are attracting global companies to Pakistan, as well as the growing wealth of the middle clbad," said Suleman Rafiq Maniya, head of research at local brokerage Shajar Capital.
The Pakistani economy has seen a rise in recent years due to a sharp reduction in power outages and a sharp decline in the number of attacks. activists, which has strongly deterred foreign investment. China's promise to lend $ 60 billion in infrastructure spending has also contributed to growth.
Despite this, according to the IMF, growth, which had reached 5.8% in twelve months until the end of June, should fall below 5% in the coming years.
In October, the IMF predicted that Pakistan's growth would slow to 4 percent in 2019 and fall to around 3 percent in the medium term.
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