The Cola-Cola Company is planning to pursue its investment of $1 billion in Mexico this year. Now that means more jobs will come to more Mexicans before the year ends.
The $1 billion investment is part of the $5 billion long-term investment plan by the beverage giant according to Muhtar Kent, Cola-Cola’s CEO. Kent has indicated that this will bring in more jobs to many people in the country for the next five years. It is expected that 10,000 new jobs will be created with the new investment.
Kent added that for the past six years, the beverage company had doubled the size of its product selection with over 60 brands and 400 products now offered in Mexico. Moreover, the company had already employed about 93,000 people directly in the country plus another 800,000 indirectly. This made Coca-Cola among the biggest employers in Mexico up to this date.
President Calderon said that despite today’s crises happening in the world, Mexico had been receiving direct foreign investment of $1-6 billion within five years. Calderon indicated that while jobs are growing in the country so is the number of consumers for the companies that brought in jobs like Coca-Cola. The President of Mexico pointed out that companies that create jobs plus operate soundly will eventually have an ally with the government.
-Doug Jones
President & Founder
Mortgages In Mexico
http://MortgagesInMexico.com
Doug@MortgagesInMexico.com
