A group of investors from the Middle East along with Ahmed Bin Abdullah Al Kuwari, Ambassador Extraordinary and Plenipotentiary of the State of Qatar in Mexico, visited Cancun to make an approach with the government of Quintana Roo and discuss the possibility of working together in projects that may lead to a 300 million USD investment in the Mexican Caribbean.
During his first visit to Cancun, the diplomat stated that his efforts will be directed on strengthening investments between both countries through alternate industries, besides the energy sector.
“Since President Peña Nieto met with Qatar’s Sheikh Bin Hamad Al-Thani last year, an important part of the bilateral relation between our two countries is the interest we have in the Cancun area”, said the ambassador during a press conference.
Abdullah Al Kuwari said that one of the main objectives of this business travel to Cancun is to consolidate projects related to the tourism industry, besides the construction of hospitals and sport arenas during the next 10 years.
To make it formal, the ambassador signed an intention letter with the governor of Quintana Roo, Roberto Borge Angulo.
“We like Cancun as a destination for our investments”, Al Kuwari said and added that one of the projects involves the construction of the most luxurious hotel in the city, plus the creation of a new flight from Cancun to Qatar, air connection that has been tried to concrete without success for a number of years now.
Abdullah Al Kuwari also made the commitment to take a group of entrepreneurs from Quintana Roo to Qatar to explore the business opportunities that the Middle East country has to offer.mexiconewsnetwork.com
There are about 83 projects that Qatar has opened for foreign investors, most of them related to the FIFA’s World Cup 2022. But there are other business oportunities that may be interesting for Mexican investors, mostly from the health sector in which investors can own a 100 percent of the properties and being exempt from paying taxes.
more recommended stories
K’u’uk: contemporary cuisine or pure alchemy?
Acknowledged at the Food and Travel.
Mérida, one of the best cities to live in Mexico (and the world)
Dan Prescher wrote an article for.
Hacienda Kancabchén: a call from a distant era just 15 miles away from Mérida
Hacienda Kancabchén maintains great part of.
Amazon launches new debit card in México
MEXICO CITY.- Banorte and Mastercard, together.
Over two thousand dogs and cats have been vaccinated in Valladolid
With the installation of seven locations.
Yucatecan pelicans and flamingos on the brink of becoming endangered species
“Pelicans and flamingos are some of.
Teacher Leaders Present an Innovative Blueprint for Relevant Learning in the Age of AI
What does the fourth industrial revolution.
New technology used in Yucatán to find people lost at sea
As part of a third aspect.
“Pet uh” Civil Association aims to promote Peto, Yucatán
PETO.- In the coming weeks the.
Mexico overtakes Brazil as the largest automobile producer in Latin America
Mexico registered a new record in.