Home Business-newBusiness 500 million USD in tourism infrastructure to be invested in Yucatán

500 million USD in tourism infrastructure to be invested in Yucatán

by Yucatan Times
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Major tourism investment in Yucatan announced by governor Mauricio Vila Dosal.
11.1 billion pesos will be invested in tourism infrastructure including housing, hotels, restaurants and theme parks.

Entre las inversiones destaca un parque enfocado en los cenotes de Yucatán y el inframundo maya. (Imagen de Grupo Xcaret)

Investments include a thematic park focused on the Maya Underworld Xibalbá.

The State Government announced the investment of 11.1 billion pesos (around 500 million USD), in tourism infrastructure such as hotels, restaurants and real estate projects, which will generate 10,437 direct jobs and more than 24 thousand indirect ones.

During the presentation of this multi-milion investment in tourism infrastructure, Vila Dosal stated that 73 percent of these resources will be invested in the interior of the state and not in Mérida, as it used to occur commonly.

Governor Mauricio Vila Dosal making the official announcement of this multi-million investment

In this sense, Grupo Xcaret will invest a total of 3.3 billion pesos (around 155 million USD) in 3 boutique hotels in the Valladolid area, in addition to ecotourism parks. Among these, stands out a theme park that will be developed by Grupo Xcaret, focused on the Maya underworld (Xibalbá).

Photo: Grupo Xcaret

Parque Xibalbá

This theme park, that will be called “Xibalbá” (Mayan name of the Underworld), will feature a tour of eight cenotes seeking to recreate the Maya underworld. This enigmatic park is expected to open its doors sometime in the second half of next year.

Grupo Aura will also be investing in different real estate projects located in Telchac Puerto for a total of 2.7 billion pesos (around 135 million USD).

On the other hand, Yucatecan investors are betting a strong sum in the restaurant sector as is the expansion of the Xcanatún Hacienda.

The Yucatan Times Newsroom

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