Mexico to invest 800 Million in Tourist Developments.

Posted By on August 28, 2017

The Secretaria de Turismo (Sectur) of Mexico has announced that 16 new major state projects are in the works. Three of the projects are in the state of Quintana Roo, home of tourist destinations like Cancun and Tulum. Sectur says that the projects will capitalize on the tourism industry and development will begin at the end of the year.

One of the largest projects, Laguna Holbox, will be the first to get underway. The sustainable tourism development project “aims to create a new space for the coexistence and harmony between nature, human activity, and Mayan culture.”

The property will cover 10,980 hectares of space at Santa Alicia, in a municipality northwest of Cancun and adjoin the federal zone of the lagoon of Yalahau. According to Sectur, the project is a $400 million USD investment.

Blue Lagoon is the second project announced. Located at Laguna de Bacalar, the property will be a retirement home for those over 50 with assistance needs. There will be residential buildings with permanent personal services including heath care and health services, as well as recreation facilities. Blue Lagoon will be an investment of $360 million USD.

Also planned is Sea World, located on the island of Cozumel in Chankanaab Park. $56 million USD is being invested and it is expected that this project will be an integral tourist part of the park. The aquarium will be housed in a multi-level building that will showcase reefs, sea species, and a pond of nocturnal sea animals.

There are no dates set as of yet for any of the projects. However, Sectur did announce the total investment for Quintana Roo will be $816 million USD.