Thailand Approves $688 Million Investment by Nestle for Smart Factory, Distribution Center

Thailand Approves $688 Million Investment by Nestle for Smart Factory, Distribution Center

(Bloomberg) -- Thailand greenlit nine investment projects worth a combined 66.3 billion baht ($2 billion), anchored by a plan from Nestle Thai Co. to build a smart factory, as it seeks to attract higher-value manufacturing and technology supply chains.

Thailand approves US$688mil Nestle factory, distribution hub

Nestle’s new facility is expected to create more than 520 jobs for Thai engineers and technical specialists. BANGKOK: Thailand approved a 23 billion baht (US$688 million) investment by Nestle Thai Co. to build a smart factory and distribution centre, strengthening the country’s push to become a regional hub for food and beverage manufacturing. The greenfield project, approved by the Board of Investment on Wednesday, will be located in central Sa…

Nestlé to invest $688M in AI-powered smart factory in Samut Prakan, Thailand

Thailand’s Board of Investment (BOI) has approved a $688 million investment by Nestlé (Thai) Co., Ltd. to construct a smart factory and distribution center in Samut Prakan province. The factory will deploy artificial intelligence (AI) and advanced automation to position Thailand as the multinational’s strategic production and logistics hub for Southeast Asia, the BOI said in a statement on Thursday. The greenfield facility, located in the Araya …

Nestlé invests $696m to build new Nescafé facility in Thailand

Nestlé is investing CHF 563 million (approx. $696 million) into building a new Nescafé production facility in Thailand.

Thailand approves US$688 mil investment by Nestle for smart factory, distribution centre

Thailand approved a 23 billion baht (US$688 million or RM2.81 billion) investment by Nestle Thai Co to build a smart factory and distribution centre, strengthening the country’s push to become a regional hub for food and beverage manufacturing.