PepsiCo will invest $1 billion in Colombia over the next five years, the South American nation's President Abelardo De La Espriella said on Sunday. • The investments will be aimed at expanding production, modernizing operations and strengthening distribution in the country, the president added. • “Confidence is demonstrated through investment. This commitment will boost employment, support more than 2,000 farmers and strengthen Colombia’s small shopkeepers,” De La Espriella wrote on X.