Nestle plans $136m Dubai facility
Dubai, June 26, 2012
Swiss food group Nestle SA will spend Dh500 million ($136.1 million) as an initial investment to build a production facility at Dubai World Central (DWC), a new aviation hub in the emirate, the firms said on Tuesday.
The 175,000 sq m plot at DWC will be used as a manufacturing facility for nutrition, culinary and coffee products, the joint statement said.
"This second production facility in Dubai will also open opportunities to gain synergies in our warehousing and logistics to serve the whole Middle East Region," said Hans Juergen Jung, technical director for Nestle.
Nestle said the new facility is expected to generate 800 new jobs and would boost its warehousing and logistics operations for the Middle East region.
DWC is Dubai's new aviation hub and is set to include the new Al Maktoum International Airport as well as a logistics and aviation free zones.-Reuters