Nestle (Thai), a leading consumer goods manufacturer and marketer, looks set to spend 10 billion baht this year -- its highest investment budget in five years -- to expand its business.
Of the total spending, 6.5 billion baht would be utilised to increase the production capacity of its Purina pet care factory in Rayong by 50%, with the aim of catering to the growing demand for pet care in Australia, Japan, New Zealand, Thailand and other Asean countries, according to Victor Seah, chairman and chief executive of Nestlé Indochina.
