This fresh investment is likely to boost Cisco’s margins as input costs are lower in Mexico.

The Mexican government has disclosed that U.S. networking giant, Cisco Systems, plans on investing $4 billion in Mexico over the period of 2 years from 2016 to 2018.

The news was announced by Chuck Robbins, Cisco’s CEO during his meeting with Mexican President, Enrique Pena Nieto.

Cisco’s expansion into Mexico will boost the country’s products, ranging from wireless access points, to routers, switches and servers.

The Mexican government has stated because of this fresh investment, 270 jobs and 77 indirect jobs are likely to be created.

It is yet unclear how much of the $4 billion has already been set out in the company’s plans for the country.

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