Nestlé Australia is set to invest A$9.5m at its factory in Papua New Guinea for the first stage of expansion.
The project, which will create about 75 jobs, involves installation of new production equipment at the company's site in Lae, to meet increasing demand particularly for its MAGGI noodles and MAGGI bouillon products.
With this project, the company will witness a 30% increase in its manufacturing capacity.
Nestlé executive vice president and Oceania, Africa, Asia and the Middle East zone director Nandu Nandkishore said that the investment signalled a long-standing commitment to the country.
"We also support the PNG economy by sourcing a substantial amount of raw materials locally as well as implementing agricultural programs to support, encourage and train local farmers, particularly in the growing of coffee for our Nescafé Plan."
Nestlé Pacific Islands country manager Eugene David said, "This expansion is very significant as it will allow us to keep on providing quality products on state-of- the- art equipment as well as more jobs."
More than a decade ago, the company installed a noodle line at the site.
