Unilever announces $120 million investment in Pakistan

Unilever has announced an investment of USD 120 million (PKR 11 Billion) in Pakistan acknowledging the country”s high potential for long-term growth. The announcement was made by a delegation of Unilever Pakistan that called on Miftah Ismail, Adviser to Prime Minister on Finance.

A majority of the investment will be made to enhance manufacturing operations across Unilever”s four factories in Pakistan over the next two years. This is a testament to Unilever”s commitment to growing the business in Pakistan and highlights the increasing uptake of consumer good products across the country.

Adviser Finance, whilst appreciating the initiative of Unilever, added that the investment was indeed an acknowledgement of the country”s growth potential and the macroeconomic stability it has gained during the last four years of the current Government.

The announcement about the investment was made by a delegation of Unilever Pakistan in a meeting with Adviser to the Prime Minister on Finance Miftah Ismail.

Shazia Syed, Chairperson & CEO, Unilever Pakistan Limited, highlighted “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. We take pride in the fact that over 95% of our brands are produced locally,