Unilever will invest $120 million in its Pakistani operations as it responds to the country’s high potential for long-term growth.
A majority of the investment will be made to enhance manufacturing operations across Unilever’s four factories in Pakistan over the next two years.
The company said the funding is testament to its commitment to growing its business in Pakistan and highlights the increasing uptake of consumer good products across the country.
In 2013, Unilever Overseas Holding, which is a majority shareholder in Unilever Pakistan, invested over $530 million in Pakistan.
The latest funding represents the second large-scale investment announced by a major food company in Pakistan this year, after Coca-Cola revealed it could invest $200 million in two new bottling plants in the country.
