Thailand approves a $688 million (US$688 million) investment by Nestlé for a smart factory and a distribution hub, according to multiple reports. The project is positioned as part of Thailand’s efforts to attract higher-value manufacturing and technology-related supply chains.
One outlet reports that the approval is tied to a broader set of investment decisions: Thailand greenlights nine investment projects with a combined value of 66.3 billion baht (about $2 billion), with Nestlé Thai Co. as the lead backer. The Nestlé plan includes manufacturing capacity of 170,000 tonnes per year, and the facility is scheduled to begin operations in the fourth quarter of 2028.
While the outlets vary slightly in focus—some emphasizing Nestlé’s specific facility details and others highlighting the wider package of investment approvals—they broadly agree on the amount, the nature of the planned factory and distribution center, the expected production capacity, and the timeline for operations.
