BUSINESS—Nestlé to open factory in Burma

Swiss food giant Nestlé expects to begin distribution of its domestically produced goods by late 2016, the company announced in Rangoon last week. With an investment of US$25 million, Nestlé plans to establish a factory in the Dagon Seikkan Industrial Zone. The facility will initially manufacture coffee products and is expected to later expand into diary and chocolate. Nestlé will partner with Myanmar Distribution Group for domestic circulation. At present, Nestle products in Burma are imported from Thailand.