Nestlé is set to add four production lines to its factories in Egypt by the end of 2023, Chairman and CEO of Nestlé Egypt and Sudan, Tarek Kamel, said on Monday.
Kamel said that three lines will be dedicated for food products, and the fourth will be responsible for dairy production. He also said that the first food production line will operate in December this year.
Kamel said that Nestlé now has three factories in Egypt, two in the Sixth of October City and one in Banha city. These factories incorporate 65 production lines in 10 segments.
The company is gradually sourcing raw materials to reduce imports, he added, highlighting that the company has succeeded in completely localising 16 inputs.
Nestlé is now exporting its products to 22 countries in the MENA, Africa, Europe, South America and North America, with a target of doubling its exports in 2024.
