Nestlé invests $120 million in Dubai factory
Nestlé says it will invest $120 million to build a new manufacturing facility in Dubai to produce coffee and culinary products in order to meet demand increases in the Middle East and cater to local tastes.
Nestlé Middle East owns and operates 18 factories, employing more than 11,000. The new facility, scheduled to begin production in late 2015, will be built on a 175,000 square meter plot and will provide employment for 400 people.
“The opening of this new facility in Dubai will strengthen our local manufacturing capabilities, giving us more flexibility to adapt our products to local consumer preferences and use local and regional raw materials,” said Yves Manghardt, chairman and CEO of Nestlé Middle East.
The Nestlé portfolio in the Middle East currently exceeds 60 product brands in a wide range of categories: dairy products and infant nutrition, bottled water, chocolate and confectionery, coffee creamers, breakfast cereals, and culinary products, among others.