Nestle to build Dh500m manufacturing facility in Dubai World Central

Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and CEO of Emirates airline and Group, on Tuesday received Walter Deplazes, the Consul General of Switzerland, and Yves Manghardt, chairman and CEO of Nestle Middle East.

The visit comes after Nestle?s CEO signed a partnership agreement with Dubai World Central (DWC) for a 175,000 square meter plot. An initial investment of over Dh500m has been earmarked by Nestle for the manufacturing facility for nutrition, culinary and coffee products.

Shaikh Ahmad said: ?DWC offers strategic advantages that make it an ideal and attractive destination for leading multinationals. It is an important component in Dubai?s vision to provide a comprehensive platform that caters to the needs of aviation, air transport, commercial and logistics businesses. This partnership with Nestle reaffirms DWC?s role as a catalyst for growth and a new gateway for long-term economic and social development in Dubai and across the region.?

Manghardt said: ?Nestle 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, while leveraging the strategic advantages of DWC and the UAE in general as a distribution and manufacturing base.?

via gulfnews : Nestle to build Dh500m manufacturing facility in Dubai World Central.