Global food giant Nestlé announced an additional investment of $60 million in Pakistan, signaling a major boost for the country’s industrial sector. The announcement was made by Remy Ejel, Nestlé’s Executive Vice President for Asia, Oceania, and Africa, during a high-level business roundtable at the World Economic Forum (WEF) in Davos. Chaired by Finance Minister Muhammad Aurangzeb, the meeting focused on Pakistan’s economic reforms and its potential as a competitive base for international manufacturing.
Nestlé Announces USD 60 Million Additional Investment in Pakistan at WEF Business Roundtable
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, today chaired a high-level Business Roundtable on the sidelines of the World Economic Forum (WEF) Annual Meeting in… pic.twitter.com/NB5Vp3vOTK
— Ministry of Finance, Government of Pakistan (@Financegovpk) January 22, 2026
The core of this investment is a strategic plan to transform Pakistan into a regional production and export hub. Under this new roadmap, Nestlé intends to export locally manufactured products to 26 countries, leveraging Pakistan’s geographic position and growing dairy and agriculture sectors. Ejel highlighted that Pakistan’s demographic profile and “underpenetrated value-added food segments” offer a growth trajectory similar to successful markets in Southeast Asia. This move follows a previous commitment from 2025 focusing on localization and sustainable sourcing.
Finance Minister Aurangzeb welcomed the move as a “strong vote of confidence” in the government’s formalization drive and tax ecosystem reforms. He noted that the investment aligns with Pakistan’s goal to shift toward export-led growth rather than consumption-based borrowing. The roundtable also saw a commitment from Azerbaijan’s SOCAR to finalize oil and gas investments next month, further highlighting the positive momentum for foreign direct investment (FDI) at this year’s Davos summit.
