Amid plethora of news of leaving multinationals from Pakistan owing to discouraging and complex business environment, heavy taxes and other issues, Nestlé Pakistan has upgraded its manufacturing facilities in Sheikhupura and Khanewal to full automation, bringing both plants to global Nestlé standards and integrating them with the company’s worldwide systems. The announcement was made during a high-level meeting with Federal Minister for Finance Muhammad Aurangzeb on Monday.
Led by CEO Jason Avancena, the Nestlé Pakistan delegation briefed the minister on the company’s long-term commitment to the country and outlined multi-year expansion plans focused on sustainability, agricultural transformation, automation, and strengthening production in infant and dairy nutrition segments.
The company highlighted strong export performance to the United States, Canada, Gulf countries, and the United Kingdom, while discussing challenges in regional trade, especially the Afghanistan transit route. Finance Minister Aurangzeb advised exploring logistics partnerships to unlock Central Asian markets and reaffirmed full government support for export-led growth.
Nestlé expressed its intent to announce the major investment package on a global platform. Global leader Remy Ejel, Executive Vice President for Zone Asia, Oceania and Africa, will attend the World Economic Forum in Davos and seeks a meeting with Prime Minister Shehbaz Sharif. The finance minister welcomed the proposal and assured full facilitation