Home Business-newBusiness Grupo Chedraui announces investment of 3.6 billion pesos in 16 new stores across Yucatán

Grupo Chedraui announces investment of 3.6 billion pesos in 16 new stores across Yucatán

by Yucatan Times
1 comment

Grupo Chedraui, a nationally renowned company, announced an ambitious expansion plan in the state of Yucatán, with an investment of more than 3.6 billion pesos allocated to the creation of 16 new branches.

From the International Congress Center, the governor of Yucatán, Mauricio Vila Dosal, accompanied by the national director of real estate expansion of Grupo Chedraui, Jaime Lozano Patiño, presented this growth plan, which foresees the generation of more than 5,600 jobs in Progreso, Motul, Valladolid, Ticul, Tekax and Mérida for the next five years.

Chedraui Yucatan

In that sense, the president maintained that this investment plan is support for the positive results that Yucatán has achieved, which reflects the confidence of companies in the favorable environment and legal certainty that characterize the state.

Example of the good moment in Yucatán

The economic indicators, in this sense, demonstrate the good moment that Yucatán is experiencing, with a 17% growth in family income, according to the National Institute of Statistics and Geography (INEGI).

Furthermore, in the last two years, more than 236,000 families in Yucatán have stopped living in conditions of poverty, declared the president.

In turn, Lozano Patiño indicated that the Chedraui family has 9 stores in Mérida, Valladolid, and Ticul that generate more than 2,000 jobs. With the expansion plan, the aim is to expand the presence in those municipalities but also to reach others such as Tekax, Motul, and Progreso. 

Grupo Chedraui, he explained, has a presence in 25 states in Mexico and 5 in the United States, and operates 441 stores that generate more than 44,000 jobs.

Chedraui Yucatan

The representative of the firm added that Chedraui sees an excellent growth opportunity in Yucatán, which is why 25% of the capital contemplated in those years will be dedicated to the state of Yucatán. 

It is a Mexican company with a presence in 25 states of the country with 441 stores, where more than 44 thousand jobs are created. In addition, they have coverage in 5 states in the United States with 377 establishments.

TYT Newsroom

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1 comment

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