MEXICO CITY, March 21 (Reuters) - Mexican bottler Arca

Continental said on Thursday that it plans to hike its

investments by 32% year-over-year to 17 billion pesos ($1.02

billion), looking to solidify its operations across markets.

Arca, Latin America's second-largest Coca-Cola

bottler, will spend just over half of those funds in

Mexico, its largest market. The remaining 45% of the funds will

be split between the United States and South America.

In 2023, the company spent 12.85 billion pesos, less than

the 14.5 billion pesos it had originally planned to spend.

($1 = 16.6785 Mexican pesos)