PepsiCo has decided to double its investment in the construction of a Lay’s chips plant in the Almaty region, according to a statement from the press service of Kazakhstan’s government. The announcement follows Prime Minister Olzhas Bektenov’s meeting with David Manzini, president of Russia and the CIS at PepsiCo, which is building its largest plant in Central Asia.
In June 2024, PepsiCo announced its initial plan to allocate $160 million to the project. Now, the company intends to nearly double this investment to increase potato processing capacity threefold — from 70,000 to 210,000 tons — yielding approximately 70,000 tons of...