Nestle to Build Coffee Center in Southwest China

by swisscham in Hospitality, Retail, Tourism

Global food giant Nestle plans to build a coffee center in southwest China’s Yunnan province, according to an agreement signed on 2nd April. According to a memorandum of understanding inked by the municipal government of Pu’er and Nestle, the Switzerland-based company will spend RMB 100 million (USD 15.97 million) to build a coffee farming institute, warehouses and a laboratory. The farming institute, which will be the largest of its kind in China, will provide training to 5,000 coffee farmers, agronomists and business professionals each year, according to an online statement from Nestle.

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