Thailand BOI approves $688M Nestlé coffee investment

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THE Thailand Board of Investment (BOI) approved a $688 million (23 billion baht) investment by Nestlé (Thai) Co. Ltd. to construct a smart factory and distribution center on July 8, 2026.

The greenfield project will deploy artificial intelligence (AI) and advanced automation, positioning Thailand as the multinational’s strategic production and logistics hub for Southeast Asia.

“This greenfield investment will support growing domestic and regional market demand while linking directly with our domestic supply chain,” Thailand Board of Investment Secretary General Narit Therdsteerasukdi said.

Read the full story on the The Manila Times website

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