Feb 18, 2014

Nestlé invests CHF 8.5 million in Papua New Guinea factory

Nandu Nandkishore at the inauguration ceremony

Nestlé has unveiled the first stage of a CHF 8.5 million investment to expand production at its factory in Papua New Guinea, creating an additional 75 jobs. The three-year project includes the installation of new equipment at the Lae factory to increase annual production by almost one third. The expanded production will meet increasing local demand for Maggi brand noodles and bouillons.

"Nestlé has been operation in Papua New Guinea for more than 30 years and our commitment goes well beyond manufacturing nutritious products. We also support the local economy by sourcing large amounts of raw materials locally and implementing agricultural programmes to support and train local farmers," said Nestlé Executive Vice President Nandu Nankishore at the inauguration ceremony.

Read the full press release.