Turkish FMCG to invest $150 million in Pakistan, starts operations

Hayat Kimya Group, a famous Turkish quick moving bearer merchandise organization has begun its tasks in Pakistan. The organization declared that it will get a venture of as much $150m through its business after it began working in Pakistan just as of late. The organization works in the creation of cleanliness and homecare related items and no less than three of its items to be specific Molfix (a child diapers mark), Papia/Familia (a can/tissue paper mark) will be made accessible in the Pakistani markets. While declaring the wander in an official statement, the organization said that the Pakistani market had a colossal potential for the organization’s business. M. Avni Kigili, who is the present Chief Executive Officer at Hayat Kimya, specified, “Pakistan has a nostalgic incentive for Hayat, in view of the recorded fellowship of our nations. Hayat Kimya has incredible trust in Pakistan, following our underlying interest in Pakistan, we anticipate to proceed with our venture of 150 million USD.”

Molfix, a subsidiary organization of Hayat Holding, is the world’s fifth biggest maker of baby diapers while the Hayat itself is the biggest tissue producer in the Middle East, Eastern Europe, and Africa. The organization has its home office in Turkey and has 9 backups around the globe with solid nearness in Turkey, Iran, Nigeria, Morocco, and Egypt.