Retailer Walmart de Mexico is planning to primarily invest $1.3bn in its logistics division.
The new investment is expected to create 10,000 new jobs, reported Mexiconewsdaily.com.
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Walmart de Mexico y Central America (Walmex) chief executive officer Guilherme Loureiro was reported by Foxnews.com as saying that the money will be utilised to support its logistics infrastructure, develop new distribution hubs and bolster the existing ones.
Loureiro said: "We are convinced that Mexico is a country rich in opportunities."
In the last four years, the retailer has invested nearly $3bn in Mexico.
The retailer currently operates approximately 2,300 stores and has 200,000 employees in Mexico.
Walmex has recorded $24bn in revenue in the 2015 fiscal year, and has operations in Mexico, Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica.
Mexico President Enrique Pena Nieto was quoted by the website as saying: "Mexico is one of the few economies in the hemisphere that is growing."
