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US$8.6 billion for tourism

Send by emailBy Jimm Budd More than eight billion dollars is scheduled to be invested by the private sector in tourism projects during the next few years. There will be 176 projects – hotels (33,000 rooms), time-shares, golf courses, restaurants, retirement homes, marinas and more – in 123 destinations. Nearly half of Mexico’s 31 states will benefit, President Enrique Peña Nieto declared at the presentation of what is being called the Tourism Cabinet. This includes the many ministers supervising areas connected with tourism. Tourism Minister Claudia Ruiz Massieu commented that tourism probably will account for most new jobs created in the years ahead. Overall, it has been noted, Mexico’s growth rate has been slower than expected.
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