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
Will the Maya Train project put the jaguar population in risk?
Businessman José María Riobóo name was.
Take the new guided tour of Mérida’s Paseo de Montejo!
On December 10, The City of.
Photo of child playing and bathing in a river with jaguars goes viral
The image of a child swimming.
Activists and municipal authorities clean up the “Ek Bis” cenote in Hoctún, Yucatán
Around 70 people, including volunteers and.
Tonantzin, the deity behind the Virgen of Guadalupe cult.
The virgin of Guadalupe has been,.
López Obrador acknowledges effectiveness of the Yucatan Police
Mexican president Andrés Manuel López Obrador.
Number of foreign tourists in Mexico grows by 6.5%
The tourism industry in Mexico continues.
What is an “Aguinaldo” and how is it calculated?
The Aguinaldo or “Christmas bonus” is.
American Senator Chuck Schumer calls Trump wall threat ‘temper tantrum’
A closed-door meeting between President Donald.
Large quantities of sargassum wash up on beaches of Progreso after cold front
Once again, harsh weather conditions hit.