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Nestlé invests CHF 98m to increase production in Thailand
Paul Bulcke, Nestlé CEO, has confirmed that Nestlé will invest CHF £98m in Thailand to increase manufacturing of its products, including coffee and ice cream.
The two-year investment will support the expansion of the company’s existing factories in Thailand and the construction of a new Nestlé Quality Assurance Centre.
Bulcke has recently made a visit to the Thai capital Bangkok. He said: “Thailand has a very important role to play in both our Asian and our global strategy, as the country also looks after Nestlé’s business in the region.
“We have confidence in the future of the Thai economy and are optimistic about the considerable potential of the Thai market and the Indochina Region.”
Thailand is one of the countries to benefit from the Nescafé Plan, the CHF 500m initiative launched by Nestlé last year to address responsible farming, sourcing and consumption across its coffee supply chain.
As part of the plan, Nestlé has committed to purchasing coffee directly from more 12,500 farmers in Thailand’s main coffee growing areas within the next five years.
Source: Nestlé
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