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LatinNews Daily - 07 May 2019

In brief: Mexico

* Sistema PepsiCo México, the Mexican branch of US multinational food, snack and beverage corporation Pepsico, will invest US$4bn in Mexico over the next two years. According to a tweet by PepsiCo México, the investment plan will focus on “strengthening the agricultural model, infrastructure, a sustainability agenda and community development programmes”. An infographic shared over the corporation’s social media states that 3,000 new jobs will be created, with an additional 1,000 positions available at a new plant that will be constructed in Guanajuato state.

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