Mexican tycoon Carlos Slim says the T-MEC investment will trigger the Transisthmic and Mayan Trains

The president of Grupo Carso explains that the covid and the invasion of Ukraine accelerated the importance of the treaty and are also speeding up nearshoring

The Mayan Train and Trans-Isthmic Corridor projects will generate various positive effects for the country, especially in the south-southeast, such as attracting US and Canadian investment, said the president of the Grupo Carso board of directors, Carlos Slim Domit.

During his participation in the Tianguis Turístico 2023, he commented that these works are among the most important today.

Slim Domit explained that the pandemic, together with the invasion of Ukraine, accelerated the importance of the Free Trade Agreement that Mexico has with the United States and Canada (T-MEC), in addition to speeding up nearshoring.

“One of the most important projects is the Transisthmic along with the Mayan Train; Much of this investment (American and Canadian) will be detonated in the Southeast”, indicated the businessman.

He pointed out that it is important to connect the Southeast with Central America and Latin America, to be a more competitive region.

Hotel Growth

Similarly, the hotel companies Hyatt and Wyndham Hotels and Resorts presented their expansion plans in Mexico for the next three years in the context of the Tianguis Turístico.

On the one hand, the Hyatt hotel chain is building the first hotels and residences in Mexico for its ultra-luxury Park Hyatt brand, which will be launched between 2024 and 2025.

Christophe Lovo, vice president of the group, also confirmed that they will open a new brand in Quintana Roo, which will be dedicated to the “adults only” segment, which will be called Hyatt Vivid and is to meet the growing demand of the millennial segment.

On the other hand, Sthepanie Ocampo, Senior Director, Global Sales & Field Sales of Wyndham Hotels & Resorts plans to open the opening of six hotels this year, which are part of an opening of 50 units around the world.

Among the destinations where the international chain will open facilities this year in Mexico will be in Cabo San Lucas, Ciudad Reynosa, Mazatlán and San Luis Potosí; It should be noted that the six business units will have more than 1,100 additional rooms.

TYT Newsroom