Ensuring The Facilitation Of Nestle Factory Construction In Indonesia IDR 3.3 Trillion, Investment Minister Bahlil: I Also Often Consume Nestle Products

JAKARTA - Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia conveyed his commitment to facilitating Nestle's business development in Indonesia. Bahlil made this statement when he met directly with Nestle's Head of Operations Magdi Batato, in Davos, Switzerland, Tuesday, May 24.

Currently, Nestle is in the process of building its fourth factory in Batang Industrial Park (BIP) to increase factory capacity by 25 percent or 775.000 tons worth 220 million Swiss francs (CHF) or approximately IDR 3.34 trillion (IDR 15.194 per CHF exchange rate).

"I am very happy with Nestle's investment in Indonesia, because many Indonesians use Nestle products. Including myself, I have become a 'victim' because they often consume Nestle products," said Bahlil Lahadalia in a written statement quoted by Antara, Friday, May 27.

Bahlil also appreciated Nestle's commitment to its collaboration plan with local farmers and Micro, Small, and Medium Enterprises (MSMEs), as it has currently partnered with 20.000 local farmers for its factories in East Java.

During the meeting, Nestle's Head of Operations Magdi Batato appreciated the Ministry of Investment/BKPM for the support and facilitation of Nestlé's investment in Indonesia, starting from the groundbreaking until now, including in the investment licensing process.

"We really hope that the Ministry of Investment / BKPM team can continue to work together and establish good communication to continue to support our investment in Indonesia," said Magdi.