José Lopez, Nestlé Executive Vice President Incharge of Operations, concluded his three-day visit to Pakistan by inaugurating a US $104 million EGRON (Milk Powder Drying Facility) Project at the Sheikhupura factory. Nestlé is the largest food and beverages company in the world and the Sheikhupura dairy, juice and water factory embodies Nestlé’s increased investment in Pakistan.
As part of its three-year plan to expand the production capacity in the country, Nestlé has invested US $148 million over the past two years in various factory expansion projects to meet rising consumer demands. During his visit to the new factory facilities in the heart of Punjab’s milk district, Sheikhupura, Lopez said, “Pakistan is an important growth market for us and we are dedicated to meet the growing demands of our consumers. Major capacity increases, such as the one just inaugurated in Sheikhupura, allow us to constantly upgrade our facilities to the latest standards in global technology.”
The existing Milk Powder Plant has now been modified with new technology and has an additional yearly capacity of 30,000 tons. The power generation capacity and waste water management system have also been upgraded and additional filling lines have been set up.
“Our reality is ‘Har Dam Pakistani’, (Every Moment Pakistani) and we are delighted to provide our consumers with products manufactured in Pakistan. More than one million Pakistanis, mostly dairy farmers, participate in our value chain and this investment is a further commitment to Pakistan and its people, and to our vision of providing Behtar Kal Hamara, (A Better Tomorrow For Us) to all,” said Magdi Batato, Managing Director, Nestlé Pakistan. Wherever Nestlé is present, the company works and invests in the long term. We are convinced that in order to be successful in the long term we have to create value for our shareholders, as well as for society. This Creating Shared Value (CSV) approach encourages businesses to create economic and social value simultaneously by focusing on the social issues that they are uniquely capable of addressing.-PR