DAVOS: Nestlé has announced an additional investment of USD 60 million in Pakistan, reaffirming its long-term commitment to the country and expressing strong confidence in its economic growth prospects.
The announcement was made during a high-level Business Roundtable chaired by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on the sidelines of the World Economic Forum (WEF) Annual Meeting in Davos. The roundtable brought together chief executive officers and senior leaders of leading global corporations to discuss Pakistan’s reform agenda, investment climate, and long-term growth potential.
The engagement formed part of the Government of Pakistan’s ongoing efforts to strengthen ties with multinational investors, promote policy predictability, encourage economic formalization, and support sustainable, export-oriented growth.
Speaking at the roundtable, Mr. Remy Ejel, Executive Vice President and Chief Executive Officer for Asia, Oceania, and Africa at Nestlé, announced that the company would expand its operations in Pakistan through an additional USD 60 million investment. He stated that Nestlé plans to develop Pakistan as a regional manufacturing and export hub, with exports planned to 26 countries.
Mr. Ejel expressed optimism about Pakistan’s economic outlook and projected strong growth for Nestlé’s business in the country in the coming years. He highlighted Nestlé’s focus on localization, advanced manufacturing, sustainability, and agricultural transformation, noting significant progress in technology-driven and highly automated manufacturing facilities, increased use of renewable energy, improved packaging solutions, and digitalized supply chains.
Nestlé, one of the world’s largest food, beverage, nutrition, and health companies, operates in over 180 countries, employs more than 277,000 people globally, and reported revenues of approximately USD 114.25 billion in 2025. Mr. Ejel noted that Pakistan’s demographic profile, rising nutrition needs, and untapped value-added food segments resemble growth patterns previously seen in Southeast Asian markets.
Welcoming the announcement, Finance Minister Senator Muhammad Aurangzeb described the investment as a strong vote of confidence in Pakistan’s economic reforms and formalization drive. He reaffirmed the government’s commitment to policy consistency, strengthening the tax ecosystem, and facilitating responsible long-term investment through continuous engagement with the private sector, including via the Tax Policy Office within the Finance Division.
The minister emphasized that Pakistan offers significant opportunities in affordable nutrition, climate-resilient dairy, localized sourcing, and export-oriented manufacturing, and reiterated the government’s resolve to position Pakistan as a competitive base for regional production and integration into global value chains.
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