Nestlé has announced a fresh investment of $60 million in Pakistan. The company plans to expand its operations and strengthen its presence in the country. The announcement came during a meeting between Finance Minister Muhammad Aurangzeb and Remy Ejel, Nestlé’s executive vice president and CEO for Asia, Oceania, and Africa. The discussion took place on the sidelines of the World Economic Forum (WEF) in Davos.
The new investment aims to enhance Nestlé’s production capacity in Pakistan. The company intends to use Pakistan as a regional hub for manufacturing and exports. Products made in Pakistan will be exported to 26 countries. This move reflects Nestlé’s long-term commitment to the Pakistani market and its confidence in the country’s economic growth potential.
Finance Minister Aurangzeb chaired a high-level business roundtable at the WEF. The event brought together CEOs and senior leaders of global corporations. Discussions focused on Pakistan’s economic reforms, investment climate, and growth potential. The minister highlighted the government’s aim to promote policy predictability, economic formalization, and sustainable, export-oriented growth.
Nestlé’s CEO Remy Ejel said the company expects robust growth in Pakistan in the coming years. He emphasized that the country offers a strong base for regional operations. Ejel described Pakistan as a strategic location for producing goods that meet both local and international demand.
