Nestlé excludes changes to its investments after the elections

COLOMBIA (Notimex) –

The Swiss company Nestlé will pursue its investment strategy and sales growth in Mexico, regardless of changes in the current economic, business or political environment, said Fausto Costa, CEO of the company.

Following the third meeting of the Pacific Alliance Youth Alliance in Cali, Colombia, the director mentioned that the food and beverage company maintains its long-term commitment Mexico, despite the renegotiation of the North American Free Trade Agreement (NAFTA) and the recent election process that took place.

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"These events do not change the commitment to Mexico (in relation) with the investments, the expansion of its portfolio, the strategy of innovation and construction The director said that the Swiss company plans to invest to expand its plants, as it did two years ago with the children's nutrition factory in Ocotlán, Jalisco, and in which Lee invests 245 million dollars

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It states that the development of new projects is still under discussion within the company. "What we can now say is that we seek to work with the potential that Mexico has (…) because the idea is still to expand and new opportunities. "

Costa recalled that the Mexico is the fifth largest market. Income contribution for the multinational, which means that he climbed three places after being placed in eighth position in 2016, and I hope that there will be greater progress in this list .

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In recent days announced that the company and 41 other companies will offer 30 thousand job opportunities, internships and alternating training experiences for the young people of the Pacific Alliance. – Colombia, Chile, Peru and Mexico – by 2020.

Data from the International Labor Organization (ILO) reveal that 18.5% is the unemployment rate of 15-year-olds. at age 24 in Latin America and the Caribbean.