Nestlé Pakistan has opened a new a state-of-the-art Fruita Vitals manufacturing plant at its Sheikhupura Factory
The production capacity of the new Nestlé Fruita Vitals Plant is 24,000 units per hour. The company’s investment of USD 22 million is one of its largest investments recently.
The plant was inaugurated by Punjab Governor Chaudhry Mohammad Sarwar on October 8.
Welcoming the investment, Chaudhry Mohammad Sarwar, said, “I am heartened to see that Nestlé has always taken a keen interest in creating opportunities for the people. Their investment demonstrates and speaks volume about Nestlé’s trust in the future of Pakistan.”
Speaking at the occasion, the Governor said that the Pakistan government aims to create conditions to attract foreign companies to invest in Pakistan. “At present, the government is making concerted efforts to revive the nation’s economy. I am really pleased to see that Nestlé, one of the world’s leading food and beverage companies, is making such good progress in Pakistan.”
Samer Chedid, Chief Executive Officer, Nestlé Pakistan, while sharing his views said, “Nestlé’s recent investment is a testament to our continuous trust in Pakistan and its growth potential. We are also excited about integrating our Chaunsa value chain. We are procuring Chaunsa mangoes from the 110 farms that we introduced interventions at to improve their yield’s quantity and quality.”
He appreciated the government’s steps as a result of which Pakistan has been listed by the World Bank as among the ‘Top-20 Improvers in Ease of Doing Business 2020’. “This is a clear reflection of the government’s commitment to improve competitiveness by increasing support for the development of the private sector, reducing regulatory and administrative burden on enterprises,” he said.