Carrefour just announced that they plan to invest $300M in Argentina, opening 87 new stores

[BuySellBA]

Carrefour is one of Argentina's largest supermarket chains. Carrefour just announced that they plan to invest $300M in Argentina, opening 87 new stores (27 Maxi, 60 Express) by 2026. Project to create 2,500 jobs. First major mass consumption investment in Milei era, signaling growing confidence in Argentina's economic reforms.This big investment in Argentina marks a notable development in the country's retail sector and reflects growing confidence in Argentina's economic trajectory under President Javier Milei's administration.This investment is scheduled to take place over the years 2025-2026 and includes an ambitious expansion of the company's retail footprint in the country

https://twitter.com/x/status/1854935733460476403

 

[Betsy Ross]

What great news. It's finally nice to see some announcements where companies are going to employ many people in the private sector. After all, all those AFIP employees getting fired will need some jobs. Will be funny to see former AFIP employees bagging my groceries.