17 Sep 2024 --- Nestlé agrees plans for its first food manufacturing plant in Saudi Arabia with investment from the Saudi Authority for Industrial Cities and Technology Zones (Modon). The project aims in its initial stages to produce children’s food and launch an automated production line with modern technologies for packaging and filling materials operated by highly skilled and qualified national personnel. The 270 million SAR (US$72 million) investment is intended to boost local food production. The agreement, signed on September 15, 2024, in Riyadh, allocates a 117,000 SQM plot in Jeddah city’s Third Industrial City for the facility.
