El Salvador: Investments in Meat industry and Supermarkets

The Calleja Group has said it will invest $60 million in new supermarkets branches and a meat processing plant.

Monday, March 3, 2014

The company expects to grow by 5% in 2014, and to achieve this, it plans to invest $30 million this year and another $30 million in 2015 in the opening of eight new stores and an industrial meat processing plant.

Carlos Calleja, Vice President of the group, stated that "among the Calleja Group's projects is the construction of an industrial plant for processing meat, which will cost more than $10 million. The work will take place in Nejapa, department of San Salvador. For now it is still in the stage of obtaining permits from the authorities, but after the second semester work will begin. "

In addition, "The construction of four new Súper Selectos branches planned for 2014 will generate 1,200 direct jobs and 4,200 indirect jobs. "This investment which we are making will have a positive impact on the construction sector," said the Vice President of the group. "

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