PepsiCo Will Invest $1 Billion in Colombia over Next Five Years, President Says
The investment will expand production and distribution while supporting more than 2,000 farmers and Colombia’s small shopkeepers, De La Espriella said.
- On Sunday, President Abelardo De La Espriella announced that PepsiCo will invest $1 billion in Colombia over the next five years to expand production and modernize operations.
- The announcement follows a weeklong visit to New York by Colombian Vice President José Manuel Restrepo and the country's economic team, who met with more than 100 corporate and capital markets investors.
- De La Espriella stated the commitment will boost employment, support more than 2,000 farmers, and strengthen Colombia's small shopkeepers, addressing local economic infrastructure.
- Investments will focus on expanding production capacity and modernizing operations, with PepsiCo strengthening distribution channels throughout the South American nation.
- The five-year plan signals corporate confidence in Colombia's economic stability and aims to build a more resilient supply chain and retail network.
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PepsiCo will invest US$ 1 billion in Colombia over the next five years, said on Sunday (27) the president of the South American country, Abelardo De La Espriella. According to the president, the investments will aim to expand production, modernize operations and strengthen distribution in the country. The confidence is demonstrated through investments. This commitment will boost employment, support more than 2,000 farmers and strengthen Colombia…
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eldiariodechihuahua.mxPepsiCo will invest 1,000 mdd in Colombia to expand its production, operations and distribution, said President De la Espriella.
The multinational will deploy capital over the next five years to increase its productive capacity and strengthen its distribution network. PepsiCo will invest $1 billion in Colombia to expand its production and modernize its operations was first published on Ultima Cable - World News.
The company already has two production plants in Colombia, one in Funza, in Cundinamarca, and another in Guarne, Antioquia, as well as several distribution centers and a portfolio of more than 20 brands.
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