Coca-Cola Icecek to boost investment, expand in Pakistan

MG News | February 27, 2026 at 12:48 PM GMT+05:00

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February 27, 2026 (MLN): Coca-Cola Icecek Pakistan is planning to boost investment, enhance production capacity, and introduce new beverage varieties to the local market.

The company, which has already invested around $1 billion in Pakistan, shared its expansion roadmap during a high-level meeting with Federal Minister for Board of Investment, Qaiser Ahmed Sheikh, at the BOI Office, according to the press release.

The senior delegation from Coca-Cola Icecek Pakistan included Serkan Selcuk, Chief Financial Officer (CFO); Syed Omar, Director Corporate Affairs and Sustainability; and Omar Ayub Khan, Government Relations Lead.

They highlighted the company’s significant market share in Pakistan and its role as the official bottling partner of Coca-Cola in the country, while also emphasizing its international presence, including in Türkiye.

The delegation praised the leadership of Prime Minister Shehbaz Sharif and Minister Qaiser Ahmed Sheikh for their investor-friendly policies and efforts to restore macroeconomic stability and investor confidence in Pakistan.

They also commended the proactive role of the Board of Investment in addressing investor concerns and improving the ease of doing business.

Discussions also touched upon the Federal Excise Duty (FED) on carbonated beverages, with the company noting ongoing consultations with the Ministry of Finance and the Federal Board of Revenue (FBR) to ensure a framework that supports sustainable industry growth while maintaining competitiveness.

Minister Qaiser Ahmed Sheikh appreciated Coca-Cola Icecek’s long-standing investment and its contribution to employment generation and responsible business practices in Pakistan.

He reaffirmed the government’s commitment to facilitating both local and foreign investors through transparent policies and continuous engagement.

The Board of Investment reiterated its commitment to promoting sustainable investment and fostering a conducive business environment, aiming to make Pakistan an attractive destination for global investors.

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