Nestle, the world's largest food and beverage company, has announced plans to invest $60 million in Pakistan and expand operations in the country.
The plan was laid out at a business roundtable on the sidelines of the World Economic Forum (WEF) Annual Meeting in Davos.
The meeting, chaired by Federal Minister for Finance and Revenue Muhammad Aurangzeb, brought together chief executive officers and senior leaders of leading global corporations to discuss Pakistan’s economic reforms, investment climate, and long-term growth potential.
The roundtable was part of the Pakistan government’s ongoing efforts to convince multinational investors to invest in the country.
During the meeting, Remy Ejel, Nestlé’s executive vice president and chief executive officer for Asia, Oceania, and Africa, laid out plans for an additional investment of $60 million in Pakistan.
He said the Switzerland-based company will expand its operations in the country, reaffirming its long-term commitment to Pakistan.
According to Ejel, Nestlé intends to use Pakistan as a regional manufacturing and export hub, exporting products to 26 countries from Pakistan.
During earlier meetings with government officials, Nestlé’s leadership outlined its strategy for localization, advanced manufacturing, sustainability, and agricultural transformation in Pakistan.
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 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, Aurangzeb 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 taxation system, ensuring policy consistency, and facilitating responsible long-term investment.
The finance minister also emphasized the government’s resolve to position Pakistan as a competitive base for regional production and global value chains.
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