FEMSA to Invest MX$64 Billion in Mexico Over Two Years

Fomento Económico Mexicano (FEMSA) announced plans to invest MX$64 billion in Mexico over the next two years, allocating MX$32 billion annually to strengthen its core business operations.

During a call with investors, José Antonio Fernández Carbajal, CEO, FEMSA, stated that the investment aligns with the company’s long-term strategy to drive growth initiatives in the country.

The investment will focus on expanding OXXO convenience stores, enhancing commercial operations, and optimizing operational margins. Additionally, funds will support

Coca-Cola FEMSA’s (KOF) production and distribution infrastructure, as well as digital and analog capabilities across its business portfolio.

FEMSA, one of Mexico’s largest employers and taxpayers, expects to contribute over MX$41 billion in income taxes between 2025 and 2026. 

In 2024, FEMSA achieved solid financial growth, with total revenues rising 12.8% and operating income surging 31.5% compared to the previous year. Growth was driven by its retail, health, and beverage business segments, particularly in the Proximity Americas market, which includes the United States, Mexico, and Latin America.