The multinational food and drink processing conglomerate corporation Nestle held a groundbreaking ceremony of Turkey’s first medical nutrition plant in northwestern Bursa province.
Set to be established with an investment worth TL 250 million ($30 million), the facility will be Nestle’s largest investment in Turkey since 2011 and its fifth factory in the country.
It will generate approximately 400 direct and indirect jobs, Industry and Technology Minister Mustafa Varank said, speaking at the groundbreaking ceremony.
Once the factory starts production, it will meet 63% of Turkey’s medical nutrition product imports, Varank said.
“In other words, with this investment, a major indigenization move in the field of medical nutrition has been implemented,” Varank noted.
Nestle stands as one of the most established companies in Turkey, where it has been doing business for 114 years.
The company has a similar investment in China as well, Varank said. “After China, they establish such a factory in Bursa for the first time, taking into account the potential that our country carries. This factory, which will use the most advanced automation techniques and the latest technologies, will begin production in August 2021,” the minister noted.