Estafeta to increase investment by 66%

Mexican express company Estafeta will increase its investment in its homeland market by 66%. The company will raise investment to $25m, according to director Ingo Babrikowski.

Babrikowski explained that this investment should bring a growth in sales of 6%, a figure higher than the 2% recorded in 2009.

Of the total amount expected, $13m will be spent on renewal and growth of the vehicles, whilst $4m will be spent in infrastructure, especially for the purchase of land and buildings.
Also, $8m will be used for technological development, which will reduce customer service times and delivering packages, Babrikowski added.