Nestlé brings new investment of USD 104m in Sheikhupura factory

To Press Releases listSheikhupura,Mar 22, 2013

Mr. José Lopez, Nestlé Executive Vice President in charge of Operations, concluded his three-day visit to Pakistan by inaugurating a USD 104 million EGRON (Milk Powder Drying Facility) Project at the Sheikhupura factory.

Nestlé is the largest food and beverages company in the world and the Sheikhupura dairy, juice and water factory embodies Nestlé’s increased investment in Pakistan. As part of its three-year plan to expand the production capacity in the country, Nestlé has invested USD 148 million over the past two years in various factory expansion projects to meet rising consumer demands.

During his visit to the new factory facilities in the heart of Punjab’s milk district, Sheikhupura, Mr. Lopez said, “Pakistan is an important growth market for us and we are dedicated to meet the growing demands of our consumers. Major capacity increases, such as the one just inaugurated in Sheikhupura, allow us to constantly upgrade our facilities to the latest standards in global technology.”

The existing Milk Powder Plant has now been modified with new technology and has an additional yearly capacity of 30,000 tons. The power generation capacity and waste water management system have also been upgraded and additional filling lines have been set up.

“Our reality is ‘Har Dam Pakistani’, (Every Moment Pakistani) and we are delighted to provide our consumers with products manufactured in Pakistan. More than one million Pakistanis, mostly dairy farmers, participate in our value chain and this investment is a further commitment to Pakistan and its people, and to our vision of providing Behtar Kal Hamara, (A Better Tomorrow For Us) to all,” said Magdi Batato, Managing Director, Nestlé Pakistan.

Wherever Nestlé is present, the company works and invests in the long term. We are convinced that in order to be successful in the long term we have to create value for our shareholders, as well as for society. This Creating Shared Value (CSV) approach encourages businesses to create economic and social value simultaneously by focusing on the social issues that they are uniquely capable of addressing. Nestlé Pakistan is committed to creating shared value for the communities it works and lives with. The company has made many contributions in this regard,  by providing free technical and veterinary advisory and training support to thousands of dairy farmers in the milk districts who now have more sustainable opportunities to gain their living.

About Nestlé Pakistan

Nestlé Pakistan is the leading food and beverage company in Pakistan and meets international standards in the manufacturing of its products. In 2012, the company grew by 22 percent to reach an annual turnover of Rs.79 billion (Approximately USD 800 million). Nestlé Pakistan is serving the Pakistani consumers since 1988. Nestlé Pakistan also associates itself with 200,000 farmers in collecting milk and engages in a number of rural development programme for community development.