Nestle, the leading Swiss food company, has decided to pump new investments in Egypt in order to increase the production capacity of its factories. The Swiss company plans to increase its investments in Egypt by about LE450 million (US$77.5 million), bringing its total investment of to LE2.45 billion (US$ 420 million). .
This announcement came during talks between Nestle's representatives and Rashid Mohamed Rashid, Egypt's Minister of Trade and Industry and Acting Minister of Investment, Nuqudy.com has reported.
� 2011 Al Bawaba (www.albawaba.com)
Source: http://www1.albawaba.com/main-headlines/nestle-ready-increase-investments-egypt
Milan Baros Economic policy Environmental sustainability Roberto Mancini JLS Protest
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