Democrat Vice President Kamala Harris just announced $1.2 billion of taxpayer-funded investments for Central America.
Accoridng to Harris, the huge spending effort is to address the “root causes” of migration.
One of the new initiatives announced today will be for Nespresso to support coffee-growing in Honduras and El Salvador.
Another one will be a Microsoft effort to bring millions of people to the Internet.
Harris also bragged about a $100 million commitment to Central America by Mastercard and commitments by CARE International, Grupo Mariposa, Parkdale Mills, JDE Peet’s and PriceSmart.
PepsiCo and Cargill are also making commitments in response to Harris’ “‘call to action’ in May.
Pepsi will drop $190 million to make updates to its manufacturing base in the region.
No word whether these updates will be to bring in the robots so even more migrants try to come to America, however.
From The Washington Post:
Harris’s office also said that Cargill, a global food corporation, would invest an additional $150 million in the region with the aim of improving “farmer livelihoods and building economic resilience” in Honduras, Guatemala and El Salvador.
Meanwhile, Parkdale Mills, one of the largest providers of spun yarns and cotton consumer products in the world, plans to spend $150 million to build a new yarn spinning facility in Honduras, according to Harris’s office.
Other investments are being announced by CARE International, Grupo Mariposa, Parkdale Mills, JDE Peet’s and PriceSmart.
In addition, three other companies that announced initial investments in May — Mastercard, Microsoft and Nespresso — are announcing further plans in the region.
CARE Intl—the global confederation of orgs to prevent poverty— is also “part of a conference convened by the State Dept, US Chamber of Comm, & the Partnership for Central America to support investment in the region.”https://t.co/lFqeKxXTiR
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