Swiss food group Nestlé will
invest AED500m (US$136m) in a new manufacturing facility at Dubai World
Central, the firm has said.
The 175,000 sqm
manufacturing facility for nutrition, culinary and coffee products will create
up to 800 jobs, the world’s biggest food company said Tuesday.
“Nestlé is committed to
strengthening our presence in the Middle East markets. We will continue to
invest in projects that enable us to better serve consumers in the region,”
Yves Manghardt, chairman and CEO Nestlé Middle East, said in a statement.
The Swiss giant, which sells
1bn products every day to global consumers, opened a new factory in Dubai
in 2010, its first new confectionary manufacturing facility anywhere in the world
for more than a decade.
CEO Paul Bulcke
told reporters at the time that the company expected to double its business in the Middle East to
US$3.3bn by 2017.
The firm's products include coffee brands Nescafé and Nespresso, chocolate bar KitKat and breakfast cereal Shreddies.
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