Luanda, Angola, 20 Aug – The factory that Swiss food group Nestlé is building in Angola is due to be ready in 2012, state newspaper Jornal de Angola reported Thursday.
Construction of the factory, at an estimated cost of 25 million Swiss francs (US$21.1 million), is part of a number of investments the group is making in Equatorial Africa, estimated at 150 million Swiss francs (US$144.7 million).
For that purpose, the chairman of Nestlé, Paul Bulcke, last July carried out a tour of some countries in the region, visiting the Democratic Republic of Congo, Mozambique and Kenya.
Nestlé has its regional headquarters in Nairobi, Kenya, covering 20 countries including Angola, where it has had representation since 2006 and where it sells several brands from the Portuguese and Brazilian markets.
In 2009 Nestlé’s sales totalled US$99 billion. (macauhub)