Investments Increase 65% in the Riviera Maya During 2019

Investments Increase 65% in the Riviera Maya During 2019

Investments Increase 65% in the Riviera Maya During 2019

The Riviera Maya is projected to continue as one of the strongest economies in the country in 2019, with a 65 percent increase in investments projected for this year, according to the State Institute of Development and Finance. Located in the state of Quintana Roo, the Riviera Maya extends from the south of Cancun, along Playa del Carmen, Puerto Aventuras and Tulum on the only Caribbean coast of Mexico, making this region one of the most demanded destinations for tourism, offering a wide variety of exciting adventure and ecotourism options.

New investments for 2019 in the Riviera Maya are focused on modernizing existing urban infrastructure and will also include a variety of new developments, health-related projects and technology centers. The new cell phone towers will improve digital technology in the southern part of the region, while a multi-million dollar mall and new medical facilities in Cancun will also be developed.

A variety of new mega projects are also expected to begin in the Riviera Maya this year, including the modernization of the Tulum-Bacalar highway and two fast trains in Cancun that will travel from the city center and the Hotel Zone, connecting them with the new Maya train that will travel through the Riviera Maya. Other proposed investments for the Riviera Maya in 2019 involve the construction of a bridge over the Nichupté lagoon in Cancun, as well as beach recovery works throughout the Mexican Caribbean, including Cozumel, Playa del Carmen and Cancun.

In Tulum, the new investments will add more than 143 million Mexican pesos in total and 45 separate projects, including the rehabilitation of streets and bicycle paths, as well as the construction of the second stage of the Cobá bicycle path and the addition of new bathrooms in selected spaces.

“We have clear and concrete objectives where the works will be applied, covering all the important areas, such as developments, public services and education to serve the local population, ”commented the municipal president, Víctor Mas Tah.”

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