For the first time since 1997, Pepsi is being produced in Myanmar, an attractive frontier market bordering China and Thailand. PepsiCo and bottler LOTTE-MGS Beverage Co., have opened a plant to locally produce Pepsi in 300-ml returnable glass bottles, with plans to expand into aluminum cans and other package formats in the coming weeks.
PepsiCo continues to grow its business in developing and emerging markets around the world, which in 2013 accounted for 35 percent of the company’s global net revenue. Myanmar has strong economic growth potential and a population of approximately 60 million people.
PepsiCo is also exploring opportunities to invest in agricultural development projects in Myanmar.