Amazon Announces $100 Million Logistics Investment in Mexico

  • Date: 22-Oct-2020
  • Source: The Daily Tribune - News of Bahrain
  • Sector:Economy
  • Country:Middle East
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Amazon Announces $100 Million Logistics Investment in Mexico

Agencies

The Daily Tribune  - www.newsofbahrain.com 

Amazon said on Thursday it has invested $100 million (roughly Rs. 736 crores) in opening new warehouses in Mexico, including its first shipping centers outside the populous capital area, in a bid to offer faster deliveries.

The new sites include two so-called fulfillment centers, one near the northern city of Monterrey and another near the central city of Guadalajara, as well as a support building in the State of Mexico, just outside Mexico City.

"The construction of a solid infrastructure network allows the company to stay closer than ever to clients, and thanks to that, it's possible to offer fast deliveries," Amazon said in a statement.

 Monterrey and Guadalajara are the two biggest metropolitan zones of the country after the sprawling Mexico City area.

The new facilities represent 69,000 square