KABUL - A huge investment of Alokozay Group of Companies in Pepsi production in Afghanistan will be a big booster of jobs and investment, AISA said on Monday.
Afghan Investment Support Agency (AISA) said establishment of a $60 million beverage plant in Afghanistan could persuade other world investors to work on big projects in the country.
The venture will create more than 3,000 jobs to people directly or indirectly, AISA said.
"We hope the project will be very helpful to strengthen economy and boost domestic production in Afghanistan," Head of AISA Noorullah Delawari told Tolo news.
Afghan Chamber of Commerce and Industries (ACCI) sees the new investment crucial to increase export of non-alcoholic beverages to Central and South Asia.
"Our main problems including unemployment could be reduced by such sort of investments," Head of ACCI Mohammad Qurban Haqjo said.
Alokozay Group of Companies based in Dubai also considers to invest $20 million in juice production and distribution in three years in Afghanistan.
The beverage plant which is due to start operation in March 2012 will produce and distribute a range of PepsiCo branded beverages, including Aquafina, Sting and 7-Up.
Production of non-alcoholic beverages has increasingly grown in Afghanistan and based on estimations there has been a 30-percent annual rise in beverage production. (Tolo News)