Nestlé Invests 23 Billion Baht in New Thai Coffee Factory

Post Today•Economy•18d ago

Reader Briefing

Nestlé is constructing a new Nescafe coffee production facility in Samut Prakan, Thailand, with a significant investment of 23 billion baht.

•Nestlé is investing 23 billion baht to build a new Nescafe coffee factory in Samut Prakan, Thailand.
•The new facility will employ advanced technology, including AI, and support export markets.
•The project is expected to create over 520 jobs and utilize locally sourced materials worth approximately 4,300 million baht annually.
•The factory is projected to commence operations in the latter half of 2028 (2028).

Overview

•Nestlé announced an investment of 23,000 million baht to build a new Nescafe production factory in Thailand.
•The new factory will be located in Samut Prakan province, Thailand.
•The investment value is 23,000 million Thai Baht, aiming to strengthen the Nescafe business and support exports.
•The project is expected to create over 520 jobs in Thailand, from technology specialists to mid- and high-skilled workers.
•Nikhil Chand stated that Thailand has been an important market for Nestlé for over 130 years, and this investment reflects confidence in the country.
•Raw materials and materials sourced domestically for the new factory are estimated to be worth approximately 4,300 million Thai Baht per year.
•The investment aligns with Thailand's Bio-Circular-Green Economy goals, promoted by the Board of Investment (BOI).
•The new factory is anticipated to start operations in the latter half of the year 2028.

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Key Quotes

Nikhil Chand

"Thailand has been an important market for Nestlé for over 130 years. This investment reflects our confidence in Thailand and reaffirms Nestlé's commitment to benefiting Thai society, economy, community, and environment."

ประเทศไทยเป็นตลาดที่มีความสำคัญสำหรับเนสท์เล่มายาวนานกว่า 130 ปี การลงทุนครั้งนี้สะท้อนถึงความเชื่อมั่นของเราในประเทศไทย และตอกย้ำถึงความมุ่งมั่นของเนสท์เล่ในการสร้างประโยชน์ให้แก่สังคมไทย เศรษฐกิจ ชุมชน และสิ่งแวดล้อม

Key Entities

Organization

Nestlé(เนสท์เล่)ℹ️

A multinational food and drink processing conglomerate investing in a new coffee factory in Thailand.

Nescafe(เนสกาแฟ)ℹ️

A brand of coffee produced by Nestlé, for which a new production facility is being built in Thailand.

BOI(บีโอไอ)ℹ️

The Thailand Board of Investment, which is promoting Nestlé's new coffee factory project.

Place

Samut Prakan(สมุทรปราการ)ℹ️

The province in Thailand where Nestlé's new coffee factory will be located.

Mae Sot(แม่สอด)ℹ️

A district in Tak province where Nestlé is promoting the expansion of Robusta coffee cultivation.

Tak(ตาก)ℹ️

A province in Thailand where Nestlé is promoting the expansion of Robusta coffee cultivation in Mae Sot.

Person

Nikhil Chand(นายนิคิล ชัญจ์)

Chairman and Chief Executive Officer of Nestlé Indochina, who commented on the investment's significance.

Law

Bio-Circular-Green Economy(เศรษฐกิจชีวภาพ-เศรษฐกิจหมุนเวียน-เศรษฐกิจสีเขียว)

A national economic model in Thailand that Nestlé's new investment aligns with.

Timeline

2028(พ.ศ. 2028)

The expected year for the new Nestlé coffee factory to commence operations.

1938(พ.ศ. 1938)

The year the Nescafe brand was founded by Nestlé.

1973(พ.ศ. 1973)

The year Nescafe was launched in Thailand.