PepsiCo has signed a $60m bottling plant deal with Alokozay Group

DUBAI - PepsiCo "signed an Exclusive Bottling Appointment with the Alokozay Group of Companies to manufacture and distribute a broad range of PepsiCo beverages in Afghanistan," the statement said. "The beverages will be produced at ABCo (Alokozay Beverages Company), Alokozay's beverage bottling plant, which will be set up in Kabul with an initial investment of $60m," it said.
Jalil Alokozay,

ABCo chief executive, said in the statement that his firm was "delighted to take the PepsiCo franchise into Kabul", with the plant expected to come into operation in March 2012. "The plant will contribute significantly to the local economy by creating direct and indirect employment for 3,000 people, including 800 direct jobs," the statement said.

ABCo chief executive, said in the statement that his firm was "delighted to take the PepsiCo franchise into Kabul", with the plant expected to come into operation in March 2012. The deal was signed late on Wednesday at the Armani Hotel, a relatively recent addition to Dubai's numerous ritzy accommodations, which is located in Burj al-Arab, the world's tallest building. (AFP)