Key Takeaways
- Nestlé Saudi Arabia and KAUST have signed an agreement to enhance research in packaging, agriculture, and food technology.
- The partnership aims to promote food safety, healthy lifestyles, and environmental sustainability in line with Saudi Vision 2030.
- Nestlé’s long-term investment strategy includes a SAR 7 billion commitment over ten years for advanced manufacturing and R&D projects in the Kingdom.
Collaboration Agreement Overview
Nestlé Saudi Arabia recently entered into a partnership with King Abdullah University of Science and Technology (KAUST) to create a collaborative framework focused on research and innovation in packaging, agriculture, and food technology. This agreement aims to develop sustainable solutions that enhance food safety standards and encourage healthier lifestyles, alongside promoting environmental sustainability.
Signed during a ceremony earlier this week, this partnership reflects Nestlé’s dedication to long-term investment in Saudi Arabia. In November 2022, the company committed SAR 7 billion (approximately USD 1.87 billion) over a decade to establish an innovative manufacturing facility and initiate several research and development projects.
This collaboration aligns with the objectives of Saudi Vision 2030, which addresses key issues in food and health, bolsters local agricultural production, improves crop efficiency, and fosters the development of a knowledge-based economy. According to Robert Helou, chairman and CEO of Nestlé Middle East and North Africa, this partnership builds on Nestlé’s existing investments in the Kingdom and contributes to enhancing public health and quality of life by developing research-driven solutions that support sustainable food supply chains.
Dr. Ian Campbell, senior vice president of the National Transformation Institute at KAUST, emphasized that the agreement with Nestlé is a significant step toward fulfilling national priorities through science and innovation. By integrating KAUST’s research capabilities with Nestlé’s industry expertise, the aim is to deliver impactful solutions in food, health, and agriculture that not only improve quality of life but also promote sustainable development.
Overall, this partnership signifies a robust commitment to advancing food and agriculture technology, fostering innovation, and addressing challenges that align with the strategic goals of Saudi Arabia’s Vision 2030 initiative.
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