P&G marks expansion in Pakistan

KARACHI: Procter and Gamble's (P&G) $50 million state-of-the-art hair care manufacturing facility at Port Qasim is a vote of confidence in the future of the country, a statement said on Friday.

“It has also resulted in socioeconomic benefits such as import substitution in tens of millions of dollars and creation of direct and indirect jobs,” the company said in a statement after giving select journalists a tour of the factory.

The plant manager told the visitors the company was committed to contributing their share in the economic development of the country. “Our latest investment was testimony to long-term commitment to Pakistan,” the manager said.

He added for over 25 years, they had been serving consumers with high quality products and have made significant investments of over $150 million in fixed assets to date while nurturing and developing Pakistan’s finest talent and making them business leaders.