Microsoft Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government on Thursday.
Nadella said the investment is “focused on expanding access to digital technology for people and organizations across the country.”
Microsoft will build a new data center to deliver “client services to help every organization to really get an advantage and drive digital transformation,” added Nadella, who met with Mexican President Andres Manuel Lopez Obrador last year.
The U.S. company will also invest in training labs and skills programs, Nadella said.
Lopez Obrador, speaking during his daily morning conference, said the investment showed Mexico was an attractive investment destination, touting a strong local currency, stable inflation, and prudent debt management by the government.
The leftist president has faced criticism his government’s policies have turned off local and foreign investors, which contributed to the economy last year contracting 0.1 percent in Mexico’s first annual decline in a decade.
Source: MSN
Comments
more recommended stories
Switzerland has a high rate of gun ownership, but no mass shootingsSwitzerland hasn’t had a mass shooting.
Two women arrested in Arizona in possession of 500 thousand fentanyl pillsTwo women were arrested after about.
Seven migrants dead and 25 injured in a bus accidentAuthorities in northern Mexico said Wednesday.
Solar Panel business in the US is suddenly in crisisAn ongoing Department of Commerce investigation.
Ray Liotta, ‘Goodfellas’ star and gifted character actor, dies at 67Ray Liotta, the actor best known.
Merida City Council presented the 2022 Forestry Crusade “In Harmony with Nature”With the aim of continuing to.
Huge Flamboyán tree falls on top of a car in Ucú, YucatánA mother who went to pick.
Mérida and San Francisco outline projects to multiply the areas of opportunity“As a Municipality, we work in.
On the issue of the Cuban doctors in Mexico, AMLO literally said: “Conservatives go to hell!”Andrés Manuel López Obrador, president of.
Yucatan and Campeche, the states with the highest honey production in MexicoWithin the framework of World Bee.
Leave a Comment