Nestlé opens new milk factory in Pakistan, its largest milk reception plant in the world

Friday, 16. March 2007 14:08



Kabirwala (Pakistan), 16 March 2007 - General Pervez Musharraf,
President of Pakistan, and Peter Brabeck-Letmathe, Chairman and CEO
of Nestlé, today opened a state-of-the-art milk processing plant in
Kabirwala, Punjab. The plant, Nestlé's largest milk reception
facility in the world, has a processing capacity of 2 million liters
of milk per day, which will rise to over 3 million liters in coming
years.
General Pervez Musharraf and Peter Brabeck-Letmathe also presided
over the first graduation ceremony under a unique public-private
partnership between the United Nations Development Programme (UNDP)
and Nestlé, which aims to train 5,000 women involved in farming in
Pakistan. This partnership is a further illustration of Nestlé's
model of creating shared value, whereby both companies and the
societies in which they operate emerge as winners.
Since Nestlé started investing in Pakistan 18 years ago, the company
has established the country's largest milk collection network. Today,
Nestlé collects milk from 140,000 farmers over an area of 100,000
square kilometres in Punjab who, as a result, receive over CHF 120
million per year directly from the company.
Headquartered in Lahore, Nestlé is Pakistan's largest consumer goods
company with sales of around CHF 500 million in 2006. The company has
five production facilities in different parts of Pakistan: two
multi-product factories in Sheikhupura and Kabirwala, respectively,
and three bottled water plants, one in Islamabad and two more in
Karachi. Over the years, Nestlé; has created over 10,000 direct and
indirect jobs in Pakistan. The company estimates that a million
people earn their living with Nestlé in Pakistan, from employees,
farmers and distributors to suppliers, transport companies and
retailers.
Peter Brabeck-Letmathe, Chairman and CEO of Nestlé, said: "Pakistan
is a great country, the fourth largest milk producer in the world. We
very much hope to continue having the privilege of being part of
Pakistan's economic growth for many years to come."
General Pervez Musharraf, President of Pakistan, thanked and
commended Nestlé on its decision, and underscored the company's
positive role in the development of agriculture and animal husbandry,
a way of eliminating poverty and creating jobs in Pakistan. "You are
assisting the poor of Pakistan and this helps us fight the root cause
of extremism and terrorism," he said.

Contacts:
Media: Robin Tickle Tel.: +41-21-924 3517
Investors: Roddy Child-Villiers Tel.: +41-21-924 3622



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Author:
Hugin
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