Nestlé to invest over US$136million to build manufacturing facility at Dubai World Central
Source: BI-ME , Author: Posted by BI-ME staff
Posted: Wed June 27, 2012 1:11 pm

Ahmed Bin Saeed: DWC is a catalyst for growth and a new gateway for long-term economic development in Dubai and across the region


UAE. H.H. Sheikh Ahmed Bin Saeed Al Maktoum, Chairman, Dubai Aviation City Corporation has today received H.E. Walter Deplazes, Swiss Consul General and Mr. Yves Manghardt, Chairman & CEO Nestlé Middle East.

The visit comes after Nestlé’s CEO signed a partnership agreement with Dubai World Central (DWC) for a 175,000 square meter-plot. An initial investment of over AED500 million(US$136.2 million) has been earmarked by Nestlé for the manufacturing facility for nutrition, culinary and coffee products.

H.H. Sheikh Ahmed said, “DWC offers strategic advantages that make it an ideal and attractive destination for leading multinationals. It is an important component in Dubai’s vision to provide a comprehensive platform that caters to the needs of aviation, air transport, commercial and logistics businesses. This partnership with Nestlé reaffirms DWC’s role as a catalyst for growth and a new gateway for long-term economic and social development in Dubai and across the region.”

Yves Manghardt, Chairman & CEO Nestlé Middle East, said: “Nestlé is committed to strengthening our presence in the Middle East markets. We will continue to invest in projects that enable us to better serve consumers in the region, while leveraging the strategic advantages of DWC and the UAE in general as a distribution and manufacturing base.”

Hans Juergen Jung, Technical Director, Nestlé, said: “Producing locally allows us to bring products faster and therefore fresher to consumers. This is a clear advantage we already experience with our many manufacturing plants in the Middle East. The construction of a new facility at Dubai World Central strengthens our local manufacturing capabilities, giving us more flexibility in adopting our products to local consumer preferences and using local and regional raw materials. 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.”

Nestlé further revealed that the new facilities are expected to generate up to 800 additional jobs thus complementing DWC’s commitment to reflecting the government strategy of Dubai and UAE in terms of economic and social development.

Khalifa Al Zaffin, Executive Chairman, Dubai Aviation City Corporation, said: “Being the Middle East's first aerotropolis, Dubai World Central stands out as an important gateway to key markets in the Middle East and beyond. The partnership with Nestlé further strengthens the reputation of DWC as a destination of choice among investors and businesses seeking to capitalize on its purpose-built aviation and logistics infrastructure. DWC will continue to explore more innovative ways to cultivate an environment that supports the growth plans of leading multinationals such as Nestlé.”

Rashed Bu Qara'a, Chief Operating Officer, Dubai Aviation City Corporation, said: “We are confident that Nestlé will benefit from the multimodal transport and superior logistics infrastructure that Dubai World Central offers. The integrated logistics facilities and other complementary amenities have been designed to further enhance the efficiency and productivity of companies that deal with fast-moving consumer goods. We are confident that this partnership will open more exciting opportunities for growth and success for the Nestlé brand in the local and regional markets.”

DWC has already attracted a number of global companies including Aramex, Ehrhardt + Partner Solutions, Kuehne + Nagel, Schaefer Systems International, Panalpina, Hellmann Caliper, INL and RSA Logistics.

About Dubai World Central (DWC):

Dubai World Central (DWC) is a strategic initiative of the government of Dubai that strongly positions the emirate as a leading international trade centre. Recognised as the Middle East's first aerotropolis, Dubai World Central is one of the most ambitious projects of its kind in the world comprising the new Al Maktoum International Airport, set to be the world's largest in volume and size upon completion, and the adjacent specialized free zones focused on logistics sectors and aviation industries.

DWC occupies an area of 140 square kilometres in Jebel Ali and is in close proximity to Jebel Ali Sea Port, the sixth largest container terminal in the world. In addition to the dedicated link to Jebel Ali Sea Port, DWC's unique multimodal capabilities are supported by links to all main motorways in the country and the Al Maktoum International Airport, which once complete will handle up to 120 million passengers and 12 million tons of air cargo per year.

For more information visit www.dwc.ae

About Nestlé Middle East:

Following over 70 years of success and heritage since its first Middle East operation in Lebanon in the early 1930s, Nestlé Middle East was founded in 1997 in Dubai, and now serves as a regional hub to fulfil the needs of the Middle East markets.

To date, Nestlé has invested more than AED 1.5 billion in the region, owning and operating 17 factories and 37 offices with more than 9.000 employees. These capital investments have contributed heavily to creating job opportunities, enhancing technological and manufacturing capabilities, and fostering national economies around the region.

Nestlé’s popular brands in the Middle East include NIDO®, NAN®, CERELAC®, NESCAFÉ®, MAGGI®, NESQUIK®, NESTLÉ (COUNTRY) CORNFLAKES®, NESTLÉ FITNESS®, NESTLÉ PURE LIFE®, KIT KAT®, QUALITY STREET® and PURINA PROPLAN®.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: October 1, 2014
INTERNATIONAL. The Constitutional Court will keep challenging EU attempts at federalization and the Bundesbank will keep criticizing every measure that would reduce German sovereignty.
date:Posted: October 1, 2014
SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
date:Posted: September 30, 2014
IRAQ. The UN estimates land under IS control accounts for as much as 40% of Iraq's annual production of wheat, one of the country's most important food staples alongside barley and rice.
SAUDI ARABIA. The combination of accelerating US supply, weaker than expected global demand, stabilization in geopolitics, and an appreciation of the dollar, led to oil prices dropping to an average of US$102 per barrel, according to the latest Jadwa Investment Global Oil Market Update.
dhgate