Walmart to Invest $43.6 Million in Honduras

The construction of three new stores by the supermarket chain will create 338 direct posts and more than 5,000 indirect jobs.

Monday, April 11, 2011

The investment was announced by Walmart general manager, Alberto Ebrad, after a meeting with Honduran president, Porfirio Lobo. Ebrad indicated that this will be the company's main investment this year in Central America.

Not only will the project create jobs (500 predicted split across the two phases of construction), it will also enable small and medium-sized growers to increase the sales of their harvests since, for example, Wallmart exports more than $45 million worth of products to Canada and England.

Ebrad added that Walmart has other programs to help small businesses and has partnerships with 836 growers, in which it provides technical and financial assistance for obtaining loans in Honduran banks.



More on this topic

Nicaragua: Investment in Supermarkets

July 2017

New stores, remodeling and a distribution center are what Walmart plans to develop in the next two years in the country, with an estimated investment of $200 million.

María Marta Rodríguez, coordinator of Corporate Affairs at Walmart, explained to Elnuevodiario.com.ni that they plan to open four new stores this year requiring an investment of $106 million, and in 2018 another $100 million is planned to be invested.

Walmart Opens New Store in El Salvador

December 2011

With an investment of $4 million, the multinational has opened its first retail store under the 'Maxi Despensa' brand.

Located in San Marcos, the new facility has created approximately 40 jobs, and has 1,200 square feet and a parking area for 76 vehicles.

Walmart also announced that this month it is opening a ‘Despensa Familiar’ in Olocuilta, La Paz. This store will cost one million dollars and will generate 20 jobs.

Walmart’s Continuing Investment in El Salvador

November 2011

On December 2, the chain will open its first warehouse-type store in the country.

The Walmart supermarket chain has invested $4 million in the development of the new supermarket opening in the municipality of San Marcos.

The store, which has a low-price format, required 8 months of paperwork and $500,000 invested in Corporate Social Responsibility schemes.

Seven New Wal-Mart Stores in Guatemala

June 2010

With a $3.12 million investment, the multinational supermarket chain inaugurated the first of seven new stores planned for the second half of 2010.

Located at Mix Shopping Mall, in the City of San Cristóbal, the new facility has already created 91 jobs.

Marcio Cuevas, Wal-Mart corporate affairs manager, told Elperiodico.com.gt: “we’ll open seven new stores of our various brands (Supertiendas Paiz, Despensa Familiar, Maxi Bodega y ClubCo), in the second half of 2010”.

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