U.S. food and beverage giant PepsiCo will invest $1 billion in Colombia over the next five years, Colombian President Dela Espriella said on the 27th. The investment aims to expand domestic production, modernize operations, and strengthen distribution networks. In a post on X, the president stated, "Trust is shown through investment. This effort will help boost employment, support more than 2,000 farmers, and strengthen small domestic retailers." Earlier, Colombian Vice President Restrepo and the country's economic team visited New York for a week, meeting with more than 100 companies and capital market investors.
PepsiCo IncPepsiCo will invest $1 billion in Colombia over five years to expand production, modernize operations, and strengthen distribution.
