Mexico to Invest 180 Billion Pesos to Grow Tourism Infrastructure The Yucatan Times
go to original May 13, 2014

Tourism is one of the six strategic pillars of the National Infrastructure Program 2014-2018. Over 180 billion pesos will be invested to broaden and upgrade the tourism infrastructure of Mexico. (Presidency of the Republic)

Mexico plans to invest 180 billion pesos ($13.8 billion USD) in tourism infrastructure to turn the country into a global power in the industry, President Enrique Peña Nieto announced during the Tianguis Turístico Cancún 2014.

“Mexico has everything necessary to become a tourism power at the global level,” the president told industry leaders gathered at this 39th Tourism Fair in the Mexican Caribbean resort city, that has become the largest and most visited Tourist Destination in all Latin America.

Travel agency representatives, tourism industry executives and officials from all levels of government listened as Peña Nieto discussed Mexico’s advantages in terms of natural beauty, cultural offerings and historic sites.

“Today, our nation is the No. 2 tourism destination in the Americas and the only Latin American country that ranks in the top 25 most-visited nations in the world,” Peña Nieto said.

The government plans to pursue a three-pronged strategy to develop Mexico’s tourism infrastructure.

“The beaches and colonial districts in the country’s main tourist destinations will be renovated, and the “Magic Towns” program will be expanded to 100 locations across the country”, the president said.

Read the rest at The Yucatan Times

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