The multinational company Wal-Mart announced a $6 billion investment in 2025 to expand its chain of self-service stores and will build two high-tech distribution centers in the Bajío region and Tlaxcala, according to Ignacio Caribe, the company’s executive director for Mexico and Central America.
During the presidential conference, Caribe stated that Wal-Mart currently operates 3,200 stores in 700 municipalities across the country, generating 200,000 jobs. He noted that this new investment will open 5,500 new jobs in the country.
He emphasized that Wal-Mart currently has 33,000 suppliers, 85 percent of which are small and medium-sized Mexican businesses, which is an important driver for the economy. Furthermore, 83 percent of the products sold in its stores are produced in Mexico, emphasizing that they have joined the government’s “Made in Mexico” campaign.
Caribe said they are working with 30,000 farmers who they hope to turn into direct suppliers, without intermediaries, which would strengthen their ability to obtain financing and expand their production.
President Claudia Sheinbaum also welcomed this new investment this year, highlighting that while Mexican producers account for 83 percent of Walmart’s sales, it is possible to increase this proportion even further.
Source: jornada
