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Nestle Is Moving In?

Nestle Is Moving In?

Swiss-based Nestle , the world’s biggest food group, is planning to relocate factories in Malaysia and the Philippines to Indonesia to be closer to raw materials..

Spokesman for Nestle’s Indonesia unit, told daily business newspaper Kontan that the firm would announce details of the relocation in November.

Nestle has six factories in Malaysia including one making one of its key beverage brands Milo, and four factories in the Philippines.

Nestle’s factory relocation was based on its need to be close to raw material sources. Nestle is in negotiations with Indonesian cocoa powder producer PT Bumitangerang Mesindotama to supply cocoa for the relocated factories.

Indonesia, Southeast Asia’s largest economy, is attracting investor interest for its economic resilience during the financial crisis, improved political stability and abundance of natural resources.

The world’s largest listed palm oil firm Wilmar is planning to invest $2 billion, including possibly in sugar plantations in a planned giant food estate in the Papua region.

Source: Indonesia.world-countries.net

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8 Responses to “Nestle Is Moving In?”

  1. Shantika says:

    Berita ini masih simpang siur. Nestle filipina katanya sudah membantah kabar ini

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  2. Akhyari says:

    Wait until november for final confirmation

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  3. nothappy says:

    Nestle Malaysia also deny this news..

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  4. Akhyari says:

    There’re 3 possibilities :
    1. The news isnt accurate
    2. Nestle Msia and Phils do not want to snowball bad news to their employees, and other stakeholders
    3. There’s not yet final decision made by nestle in Swiss

    So, wait until november this year.

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  5. Jazzy says:

    we hope Indonesia keeping care your ecomomic. you are great

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  6. jakarta citizen says:

    its really possible….indonesia and china are paradise for investor.

    almost all labor in malaysia are indonesian workers..so why don’t just the industry move to indonesia…LOL.

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Trackbacks/Pingbacks

  1. [...] This post was mentioned on Twitter by GNFI, Vera Nathalia, Nonny Ariyanthi, Gilbert Timothy, Ahmad Saiful Muhajir and others. Ahmad Saiful Muhajir said: RT @GNFI: They are moving in http://bit.ly/MoveIn #RemarkableIndonesia [...]

  2. [...] View original post here: They are moving in | Good News From Indonesia [...]


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