Global food giant Nestle has announced a fresh $60 million investment in Pakistan, signalling a major expansion of its local operations and reaffirming its long-term commitment to the country.
The announcement was made during a meeting between Finance Minister Muhammad Aurangzeb and Nestle executive vice president and CEO for Asia, Oceania and Africa Remy Ejel, held on the sidelines of the World Economic Forum annual meeting in Davos, according to a statement issued by the Ministry of Finance.
The meeting took place during a high-level business roundtable chaired by Aurangzeb, which brought together chief executive officers and senior leaders from leading multinational corporations to discuss Pakistan’s reform agenda, investment climate, and long-term growth prospects.
According to the ministry, the roundtable was part of the government’s broader engagement with global investors aimed at improving policy predictability, accelerating economic formalisation, and promoting sustainable, export-oriented growth.
“A key highlight of the discussion was the announcement by Remy Ejel of an additional investment of $60 million in Pakistan,” the statement said. “Nestle will undertake a robust expansion of its operations in the country, reaffirming its long-term commitment to Pakistan.”
Ejel also revealed that Nestle plans to use Pakistan as a regional manufacturing and export hub, with the company set to export products to 26 countries from its Pakistani facilities. Expressing confidence in Pakistan’s economic outlook, he said Nestle expects strong growth in its local business in the coming years.
The finance ministry noted that the announcement builds on recent engagements between Nestle and the government in Islamabad, where the company outlined a strategy focused on localisation, advanced manufacturing, sustainability, and agricultural transformation.
Ejel highlighted that Pakistan’s large and youthful population, rising nutrition needs, and underdeveloped value-added food segments closely resemble growth patterns seen in Southeast Asian markets where Nestle has successfully expanded.
Welcoming the announcement, Aurangzeb described the investment as a “strong vote of confidence” in Pakistan’s economic reforms and formalisation drive. He reaffirmed the government’s commitment to strengthening the tax ecosystem, ensuring policy consistency, and facilitating responsible long-term investment.
The minister also underscored Pakistan’s potential in affordable nutrition, climate-resilient dairy, local sourcing, and export-oriented manufacturing, reiterating the government’s goal of positioning the country as a competitive base for regional production and global value chains.
