Nestlé Invests 23 Billion Baht in Thailand for Food Hub

Thansettakij•Economy•8d ago

Reader Briefing

Nestlé is investing 23 billion baht in Thailand to establish a major food production hub, leveraging advanced technology and local resources.

•Nestlé is investing 23 billion baht to build a large-scale distribution center and a modern production facility in Samut Prakan.
•The investment aims to reinforce Thailand's position as a global food production hub, utilizing advanced automation and AI technologies.
•The project will create over 520 jobs for Thai professionals and source significant raw materials, including coffee beans, sugar, and raw milk, from local farmers.

•The investment is expected to commence production by the end of 2028, following discussions at the World Economic Forum.
•Nestlé is investing approximately 23,000 million baht in a new factory and distribution center.
•The new facility will be located in the Aryawithaya Industrial Estate, Samut Prakan Province.
•This investment follows discussions between BOI and Nestlé's CEO for Asia, Oceania, and Africa.
•The total investment amounts to 23,000 million baht, with an additional 4,300 million baht per year for domestic raw materials.
•The project will create over 520 jobs for Thai personnel, particularly in engineering and technology sectors.
•The investment underscores global confidence in Thailand's potential as a key food and beverage production base.
•The production facility is anticipated to start operations by the end of 2028.

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Nikhil Chand

"Thailand has been an important market for Nestlé for over 130 years."

ไทยเป็นตลาดที่มีความสำคัญสำหรับเนสท์เล่มายาวนานกว่า 130 ปี

Nikhil Chand

"This new factory will produce Nescafé products using a large amount of raw materials sourced domestically."

โรงงานแห่งใหม่นี้จะผลิตผลิตภัณฑ์เนสกาแฟโดยใช้วัตถุดิบและวัสดุที่จัดหาจากภายในประเทศจำนวนมาก

BOI(บีโอไอ)ℹ️

The Thailand Board of Investment, which facilitated a major deal with Nestlé.

Nestlé(เนสท์เล่)ℹ️

The world's largest food and beverage manufacturer making a significant investment in Thailand.

Nescafé(เนสกาแฟ)ℹ️

A coffee brand produced by Nestlé, which will be manufactured at the new Thai facility.

Aryawithaya Industrial Estate(นิคมอุตสาหกรรมอารยะ)

The location for Nestlé's new large-scale distribution center and factory in Samut Prakan.

Samut Prakan Province(จังหวัดสมุทรปราการ)ℹ️

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

Davos(ดาวอส)ℹ️

The Swiss town that hosts the annual meeting of the World Economic Forum.

Nikhil Chand(นายนิคิล ชัญจ์)

Chairman and Chief Executive Officer of Nestlé Indochina.

BCG Economy(เศรษฐกิจ BCG)ℹ️

Thailand's national economic model focusing on Bio-Circular-Green development, which Nestlé's investment aligns with.