date:Jan 27, 2014
owth potential, said Paul Bulcke, chief executive officer of Nestle, during the World Economic Forum in the Swiss resort of Davos.
Mr. Bulcke said the investment will create 700 direct and 3,500 indirect jobs, and will boost the amount of raw materials purchased locally.
The announcement comes just a few days after Nestle entered into a partnership with the Singapore governments Agency for Science, Technology and Research (A*STAR), under which the groups will set up global research programs in