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Nestlé Announces $60m Additional Investment in Pakistan at WEF Business Roundtable

Nestlé has announced an intent to invest an additional $60 million in Pakistan as part of its long-term commitment to the country.

The company stated its aim at the Business Roundtable, chaired by Finance Minister Muhammad Aurangzeb, on the sidelines of the World Economic Forum (WEF) Annual Meeting in Davos. The meeting included the participation of Chief Executive Officers and senior leaders of leading global corporations to discuss Pakistan’s reform trajectory, investment climate, and long-term growth potential.

According to a statement issued by the Finance Ministry, the roundtable formed part of the Government of Pakistan’s ongoing engagement with multinational investors to promote policy predictability, economic formalization, and sustainable, export-oriented growth.

During the discussion, Nestlé Executive Vice President and Chief Executive Officer for Asia, Oceania, and Africa Remy Ejel announced the additional investment of $60 million in Pakistan. He said Nestlé would undertake a robust expansion of its operations in the country, reaffirming its long-term commitment to Pakistan.

He also announced that Nestlé intends to use Pakistan as a regional manufacturing and export hub, exporting products to 26 countries from the country. Expressing strong confidence in Pakistan’s economic outlook, Ejel foresaw robust growth in Nestlé’s business in Pakistan in the coming years.

The announcement builds on Nestlé’s recent engagement with the finance minister in Islamabad, where the company outlined its strategy centered on localization, advanced manufacturing, sustainability, and agricultural transformation. Nestlé has made significant progress in technology-driven manufacturing, with highly automated facilities, expanded use of renewable energy, improved packaging solutions, and digitalized supply chains, strengthening efficiency while reducing environmental impact.

Ejel highlighted Nestlé’s global scale as one of the world’s leading food, beverage, nutrition, and health companies, with operations in over 180 countries, a workforce exceeding 277,000 employees, and global revenues of approximately $114.25 billion (2025). He noted that Pakistan’s demographic profile, growing nutrition needs, and underpenetrated value-added food segments closely mirror successful growth trajectories seen in Southeast Asia.

Welcoming Nestlé’s investment announcement, the finance minister described it as a strong vote of confidence in Pakistan’s economic reforms and formalization drive. He reaffirmed the government’s commitment to strengthening the tax ecosystem, ensuring policy consistency, and facilitating responsible long-term investment through continued engagement with the private sector, including via the Tax Policy Office established within the Finance Division.

Aurangzeb also emphasized that Pakistan offers compelling opportunities in affordable nutrition, climate-resilient dairy, localized sourcing, and export-oriented manufacturing, and reiterated the government’s resolve to position Pakistan as a competitive base for regional production and global value chains.