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    <title>Aaj TV English News - Pakistan</title>
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    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Tue, 21 Apr 2026 18:51:01 +0500</pubDate>
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      <title>WEF 26: Nestlé to expand operations in Pakistan with $60m investment</title>
      <link>https://english.aaj.tv/news/330451317/wef-26-nestle-to-expand-operations-in-pakistan-with-60m-investment</link>
      <description>&lt;p&gt;&lt;strong&gt;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.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;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.&lt;/p&gt;
&lt;p&gt;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.&lt;/p&gt;
&lt;p&gt;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.&lt;/p&gt;
&lt;p&gt;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.&lt;/p&gt;
&lt;p&gt;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).&lt;/p&gt;
&lt;p&gt;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.&lt;/p&gt;
&lt;p&gt;“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.&lt;/p&gt;
&lt;p&gt;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.”&lt;/p&gt;
&lt;p&gt;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.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>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.</strong></p>
<p>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.</p>
<p>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.</p>
<p>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.</p>
<p>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.</p>
<p>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).</p>
<p>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.</p>
<p>“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.</p>
<p>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.”</p>
<p>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.</p>
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      <category>Pakistan</category>
      <guid>https://english.aaj.tv/news/330451317</guid>
      <pubDate>Thu, 22 Jan 2026 17:06:48 +0500</pubDate>
      <author>none@none.com (Business Recorder)</author>
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