DAVOS 26: Nestlé to expand operations in Pakistan with $60mn investment

Confirming its plans for a major expansion of operations in Pakistan, Nestlé, the world’s largest food and beverage company, announced an additional $60 million investment in the South Asian country.

Executive Vice President and Chief Executive Officer for Asia, Oceania, and Africa at Nestlé, Remy Ejel, announced the development during a high-level Business Roundtable on the sidelines of the World Economic Forum (WEF) Annual Meeting in Davos, chaired by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb.

During the meeting, Ejel said that Nestlé will undertake a robust expansion of its operations in the country and reaffirmed the long-term commitment to Pakistan.

READ MORE: Nestlé brings Pakistan operations on par with global plants, plans to showcase investments at Davos

According to the statement, the CEO also announced that Nestlé intends to use Pakistan as a regional manufacturing and export hub, exporting products to 26 countries from Pakistan.

Ejel foresaw robust growth in Nestlé’s business in Pakistan in the coming years and noted that Pakistan’s demographic profile, growing nutrition needs, and underpenetrated value-added food segments closely mirror successful growth trajectories seen in Southeast Asia.

He also 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).

As per the statement, the finance minister welcomed Nestlé’s investment and described it as a strong vote of confidence in Pakistan’s economic reforms and formalisation 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,” the press release said.

Aurangzeb also emphasised that Pakistan offers compelling opportunities in affordable nutrition, climate-resilient dairy, localised 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.”

Last month, CEO Nestlé, Jason Avancena, highlighted Nestlé Pakistan’s significant progress in technology-driven manufacturing, noting that facilities in Sheikhupura and Khanewal were now fully automated and connected to global diagnostic systems, placing Pakistan’s operations on par with leading Nestlé facilities worldwide.