Egypt, PepsiCo to sign USD500m investment deal


(MENAFN) PepsiCo said that it is committed to Egypt with an investment worth USD500 million at the Egypt Economic Development Conference (EEDC) hosted by the Egyptian President, Saudi Gazette reported.

PepsiCo operates 11 manufacturing facilities throughout Egypt; it has approximately 47 distribution centers/warehouses/offices, and provides full-time employment to more than 10,500 Egyptians.

"Egypt is the anchor of our North African operations and one of our most important and promising markets," PepsiCo's President for the Middle East and Africa said in a statement.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.