Nestlé Pakistan inaugurates new plant worth USD 22 million in Sheikhupura
Nestlé Pakistan has launched a state-of-the-art US $22 million manufacturing plant at its Sheikhupura Factory on October 8 which was inaugurated by Punjab Governor Chaudhry Mohammad Sarwar.
The production capacity of the newest edition of Nestlé Fruita Vitals plant (that includes juices, nectars and drinks) is 24,000 units per hour.
Speaking at the opening, Chaudhry Mohammad Sarwar noted that Nestlé, one of the world’s leading food and beverage companies, is making such good progress in Pakistan. He said:
“We aim to create conditions in which foreign companies are attracted towards making new investments. At present, the government is making concerted efforts to revive the nation’s economy.”
Welcoming the investment, the Governor said, “I am heartened to see that Nestlé has always taken a keen interest in creating opportunities for the people. Their investment demonstrates and speaks volume about Nestlé’s trust in the future of Pakistan.”
Samer Chedid, Chief Executive Officer, Nestlé Pakistan, while sharing his views said,
“Nestlé’s recent investment is a testament to our continuous trust in Pakistan and its growth potential. We are also excited about integrating our Chaunsa value chain. We are procuring Chaunsa mangoes from the 110 farms that we introduced interventions at to improve their yield’s quantity and quality.”
Nestlé CEO appreciated Pakistan government’s steps as a result of which Pakistan has been listed by the World Bank as among the ‘Top-20 Improvers in Ease of Doing Business 2020′. “This is a clear reflection of the government’s commitment to improve competitiveness by increasing support for the development of the private sector, reducing regulatory and administrative burden on enterprises,” he said.