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Cencosud announced to the Government a millionaire investment

The company authorities Cencosud they presented to the Minister of Productive Development, Matias Kulfas, his investment plan in Argentina for 2021, for a total amount estimated at USD163 million.

The Productive Development portfolio, in a statement, highlighted that the company’s investment plan foresees the creation of new jobs, contemplate the renewal total of your established businesses, new openings, investment in e-commerce and the launch of new meat plants to export.

He business consortium Chilean, that in the country employs more than 20 thousand workersHe explained to the minister that of the total investment plan, $ 1,916 million have already been disbursed in the repair of 44 supermarkets, 13 Easy network centers and 1 shopping center.

To these amounts, other $ 912 million for the renovation of projects technology; and $ 810 million for the opening of 6 new local network Easy. In addition, entrepreneurs have already allocated $ 170 million for the commissioning of new plants meat processing for to export.

The meeting, held remotely, was attended by Matias Videla, CEO of the Cencosud group, and Diego Marcantonio, manager of Cencosud Argentina. Cencosud’s presence in the country has an impact on the economy of the Argentine SMEs, since the 90% his suppliers They fall into this category.

In Argentina, Cencosud has presence in 18 provinces and in 127 municipalities, more than 330 stores and 16 shopping. Annually, it generates $ 150 billion through direct sales and another $ 40 billion through indirect sales.