Mexican processed food operator Grupo Herdez has planned to allocate investments for 600 million pesos ($31.3 million) in 2019.

The investment will focus on new projects and corporate growth.

Grupo Herdez expects the new government to give guarantees so that the investments continue to have the required security.

Grupo Herdez expects to conclude the year with a growth in sales between 6 percent and 7 percent.