To reaffirm its commitment to sustainable development impacting the 16 countries where it operates and as part of its investment plan for the next three years, Corporación Multi Inversiones (CMI), parent company of popular chicken franchise, Pollo Campero, will invest roughly $1.8bn in job creation, infrastructure improvement, innovation, and social projects.
From this amount, $480m will be used for projects in Guatemala, El Salvador and Honduras.
“Guided by our purpose to feed the world and to fill it with wellness, we are proud to share this news that impacts positively on the economics of the countries we operate in,” said José Gregorio Baquero, CEO of CMI Foods. “Today, we share with the public the biggest investment that CMI has made in all its history — a result of the effort of more than 40 thousand collaborators that are part of this big family.”
According to José, this investment strengthens the company’s value chain in infrastructure, technology, innovation and sustainability and also its capacities in competitive markets and environments. Using this investment, CMI will promote its products and services and add new jobs to give people new opportunities for development and wellness.
It will expand its protein business in Guatemala, El Salvador and Honduras with the opening of new poultry fattening farms. It will also assign resources to help grow its recognized brands in the Central America region and Mexico, like Pollo Campero, Pollo Granjero, Don Pollo, and Pizza Siciliana. With an investment of almost $190m in the United States, Pollo Campero anticipates opening more than 100 new restaurants.