Turkey Attracting Investment From Nestlé/General Mills

Cereal Partners Worldwide, a joint venture between food giants Nestlé and General Mills, has opened a new cereal factory in Turkey. The facility required an investment of TRY85mn and will supply cereal products to the Turkish market as well as 14 other countries across the Middle East and North Africa. The project highlights the continued attractiveness of Turkey, which we have consistently featured as one of our favoured emerging markets, and demonstrates the success of the Cereal Partners Worldwide joint venture, which has enabled Swiss firm Nestlé and US-based General Mills to build up a successful position within several key

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