U.S. food to agriculture company Cargill Inc. plans to inject up to $1 billion in Latin America over the next five years and maintain its operations in Venezuela.
Recently, Cargill acquired Colombian poultry processors Pollos El Bucanero S.A. and Campollo S.A.
The company aims to infuse between $200 and $300 million in the Andean country in the next two years to boost efficiency and extend the capacity of two processing plants.
In January, Cargill was planning to invest $200 million in Pakistan over three to five years in sectors ranging from dairy to edible oils and animal feed.