Investments “boom” expected

Mexico City.- In spite of the global economic uncertainty, domestic lack of safety and the fact that 2012 is an elections year, companies from different business lines will invest unprecedented amounts in Mexico.
Alsea, Soriana, Comercial Mexicana, The Home Depot, Liverpool, Wal-Mart and Femsa will invest a littler over MSP$53 billion among them this year. Wal-Mart will increase their investment 7.5%; Soriana by 21%, Alsea 20%, Liverpool 56% and The Home Depot 33%.
Also, Carlos Slim’s companies, gathered by Grupo Carso and America Movil, will invest MXP$60.250 billion in 2012, 35% over 2011.
The Private Sector in Mexico has hence made a commitment to invest, at least by the companies and consortiums that have disclosed their plans, around MXP$177 billion in 2012.
Source: El Norte | Date: 12/03/2012