Walmart and Sheinbaum jointly announced a $6 billion investment in Mexico by 2025
Walmart announced Thursday a $6 billion investment in Mexico by 2025, where it will create new distribution centers, expand the number of stores, and improve the national content of its products.
The CEO announced the investment at Mexico’s President Claudia Sheinbaum’s morning press conference, where she stated that she had held «some talks (conversations) so that more and more of what they sell is national content.»
The corporation, with 200,000 employees in the country, will establish two distribution centers in the Bajío area and Tlaxcala, with artificial intelligence and robots, adding to the 21 current ones.
The investment is being disseminated within the framework of ‘Plan Mexico’, which Sheinbaum presented in January as a strategy for the Mexican economy to reach the top ten in the world and achieve at least 277,000 million dollars in investments despite President Donald Trump’s protectionist measures.
Mexico closed 2024 with a new historic high in foreign direct investment (FDI), totaling 36.872 billion dollars, a 2.3% increase over 2023, according to official data from the Ministry of Economy, despite the fact that uncertainty due to the threat of tariffs imposed by the United States has significantly slowed the outlook for this year.
