In order to continue reaffirming its commitment to sustainable development with an impact on the 16 countries where it operates, and as part of its investment plan for the next three years, Corporación Multi Inversiones (CMI) will invest approximately US$1.8 billion in job creation, infrastructure improvement, innovation, and social projects.

Of this amount, CMI Alimentos will invest USD$1 billion, of which USD$480 million will go to projects and capacity building in Guatemala, El Salvador, and Honduras.  

"Guided by our purpose of feeding the world to fill it with well-being, we are proud to tell this news that positively impacts the economies of the countries where we operate, our company and our entire value chain. Today, we share with the public the largest investment that CMI has made in its history, the result of the efforts of more than 40 thousand employees who are part of this great family", said José Gregorio Baquero, CEO of CMI Alimentos.

According to the executive, this investment seeks to strengthen the company's value chain in infrastructure, technology, innovation and sustainability. In this way, CMI strengthens its capabilities in competitive environments and markets, characterized by free trade agreements that promote commercial exchange, and which are open to investments from those who want to generate economic value, social and environmental welfare.

With this investment, CMI will not only enhance the multiple products and services it offers, but will also add new jobs to the more than 40,000 direct and 160,000 indirect jobs it currently generates, to provide new opportunities for development and well-being.

CMI Alimentos will expand its protein business in Guatemala, El Salvador and Honduras by opening new poultry fattening farms, expanding hatchery and breeding farms, increasing the capacity of poultry processing plants, new sausage lines, expanding its warehouses and improving its logistics, storage and distribution processes. It will also expand the production capacity of its pasta and cookie plants, as well as its animal and pet food plants.

It will also allocate resources to grow its well-known brands in Central America and Mexico, such as Pollo Campero, Pollo Granjero, Don Pollo and Pizza Siciliana. In the United States, with an investment of almost US$190 million, Pollo Campero expects to open more than 100 new restaurants.

CMI Capital will continue to generate impact investments that drive sustainable development, with an estimated investment of US$790 million. "Our investments in renewable energy will allow us to continue expanding our presence in Central America and reach new geographies in Latin America, consolidating us as the largest and most geographically and technologically diversified private platform in the region. Investing in renewable energy contributes to decarbonize the energy matrix, avoiding the emission of approximately 1 million 685 thousand tons of CO2 into the environment per year", said Enrique Crespo, CEO of CMI Capital.

CMI Capital will also invest in real estate development projects to continue providing decent housing, safe public spaces, and wellbeing and development to local communities through commercial spaces that foster the growth of small and medium-sized businesses.