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8 months ago
Wal-Mart de Mexico to invest $1.3 bln in logistics
December 7, 2016 / 6:31 PM / 8 months ago

Wal-Mart de Mexico to invest $1.3 bln in logistics

MEXICO CITY, Dec 7 (Reuters) - Retailer Wal-Mart de Mexico will invest some $1.3 billion in logistics, the company's Chief Executive Guilherme Loureiro said on Wednesday.

A large part of the investment would be over the next three years including in back-end infrastructure, Loureiro said, adding that it would create some 10,000 new jobs directly. (Reporting by Mexico City Newsroom)

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