Consumer goods giant Unilever has announced it is to invest $120 in Pakistan over two years as it seeks to unlock “the country’s high potential for long-term growth”.
The Anglo-Dutch giant said the majority of the investment would be used to enhance manufacturing operations across Unilever’s four factories in Pakistan.
“We have been a part of Pakistan’s growth for nearly 70 years, during which time we have seen our business grow to over 30 brands in areas of Home Care, Personal Care, Foods, Beverages and Ice Cream”, said Shazia Syed, Chairperson & CEO, Unilever Pakistan. “We take pride in the fact that over 95% of our brands are produced locally, creating employment for thousands, contributing to the exchequer of the country and simultaneously creating a better future every day for the people of Pakistan”.
The firm added that the investment “highlights the increasing uptake of consumer good products” across Pakistan.