Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb on Tuesday chaired a high level business roundtable on the sidelines of the World Economic Forum (WEF) Annual Meeting in Davos, bringing together senior executives of leading global companies to discuss Pakistan’s reform agenda, investment climate and long-term growth prospects.
A key outcome of the meeting was the announcement by Nestlé of an additional $60 million investment in Pakistan.
Remy Ejel, Executive Vice President and Chief Executive Officer for Asia, Oceania and Africa at Nestlé, said the company would significantly expand its operations in the country reaffirming its long term commitment.
He said Nestlé plans to use Pakistan as a regional manufacturing and export hub supplying products to 26 countries.
Expressing confidence in Pakistan’s economic outlook, Ejel said the company expects strong growth in its local business in the coming years.
The announcement builds on Nestlé’s recent engagement with the finance minister in Islamabad where the company outlined a strategy focused on localization, advanced manufacturing, sustainability and agricultural transformation.
Nestlé has already made progress in technology-driven manufacturing, renewable energy use, improved packaging and digitalized supply chains.
Ejel highlighted Nestlé’s global footprint, with operations in more than 180 countries and revenues of over $114 billion in 2025 and said Pakistan’s demographics and nutrition needs mirror successful growth markets in Southeast Asia.
Welcoming the announcement, Senator Aurangzeb said the investment reflects confidence in Pakistan’s economic reforms and reaffirmed the government’s commitment to policy consistency and investor facilitation.
