Speaking at a media conference in Nairobi, Nestlé CEO Paul Bulcke announced the Company will invest CHF 150 million in the Equatorial African Region (EAR) over the next three years.
The Company is set to build new factories in Angola, the Democratic Republic of Congo (DRC) and Mozambique, while also expanding existing factories.
Nestlé will also increase its distribution capacity in the region by opening 13 new distribution facilities and more than double its work force by creating 750 new jobs by 2012.
Read more in News & Features: Nestlé invests CHF 150 million in the Equatorial African Region
- Press release
>New investments confirm Nestlé’s commitment to Equatorial Africa (pdf, 122 Kb)
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