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Tuesday, November 5, 2024

Nestlé boosts coffee production capabilities with $100 Million investment in Vietnam

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Nestlé Vietnam has strategically invested $100 million to enhance the production capabilities of its Tri An coffee facility in the southern province of Đồng Nai.

Nestlé says the investment is a response to the escalating demand for premium-quality coffee, both locally and globally.

The Tri An factory currently functions as an exporter of coffee products, including brands like Nescafé, Nescafé Dolce Gusto, and Starbucks, to over 29 countries globally. Since its establishment in 2011, Nestlé has invested over $500 million in this facility.

Vietnam’s Vital Role for Nestlé:

Vietnam, currently holding the position of the world’s second-largest coffee producer and exporter, plays a crucial role in Nestlé’s coffee sourcing operations.

As the leading coffee buyer in the nation, Nestlé consistently allocates around $700 million each year for coffee procurement.

In 2011, Nestlé launched the Nescafé Plan, a sustainability program aimed at promoting the responsible growth of coffee.

Implemented in the Central Highlands of Vietnam, the program actively assists farmers in embracing sustainable agricultural practices, facilitates the revitalization of coffee plantations through the distribution of high-quality plantlets, and advocates for the preservation of water resources and biodiversity.

Nestlé’s presence in Vietnam goes beyond coffee production, encompassing six operational factories specializing in coffee, cocoa malt beverages, cooking aids, and water. With an almost three-decade presence in the country, Nestlé currently has a workforce of around 3,000 individuals.

Continue Exploring: Nestlé charts expansion in Brazil with $1.2 Billion investment

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