Business News of Friday, 14 October 2016Source: businessincameroon.comNestlé to invest FCFA 10 billion in Douala production plant extensionNestlé GroupThe Cameroonian subsidiary of the Swiss agro-industrial group Nestlé is planning to launch the extension works of its production plant in Douala, in the economic capital of the country. Moreover, the extension of the Douala plant could just as well meet a simple need of production increase. This especially as it is the plant from which Nestlé supplies all the CEMAC countries which are Gabon, Congo, Chad, the Central African Republic and Equatorial Guinea. As a reminder, according to official information, the Maggi cube, a cooking stock much sought after by households, represents on its own 90% of the Douala plant’s production, through which Nestlé Cameroun makes a monthly turnover of FCfa 5 billion in the CEMAC zone. It is also possible that the extension of the Douala plant could lead to an increase in production volumes for the latter two brands.
Source: CameroonWeb October 14, 2016 10:04 UTC