Nestlé will invest more than CHF 98 million (THB 3.5 billion) 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, as well as the construction of a new Nestlé Quality Assurance Centre.
The plans aim to meet the growing demand for Nestlé products in the country and the surrounding region.
Paul Bulcke, Chief Executive Officer for Nestlé, made the announcement during a visit to the Thai capital Bangkok this weekend.
He said: “The sophistication of Thai consumers, and their increasing focus on higher quality products with greater health and nutritional benefits, is giving Nestlé an increasing competitive advantage in Thailand.
Read more: Nestle.com