Home Headlines Mauricio Vila presents competitive investing advantages for real estate industry entrepreneurs

Mauricio Vila presents competitive investing advantages for real estate industry entrepreneurs

by Sofia Navarro
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During his participation in the Real Estate Development Expo “The Real Estate Show,” Governor Mauricio Vila Dosal presented to national and international figures in the sector the opportunities and competitive advantages that make Yucatán an attractive state for investments and job creation.

In the most important event in the sector in Mexico and Latin America, organized by the Association of Real Estate Developers (ADI), which brings together global leaders in architecture, design, innovation, technology, investment, trends, urban planning, proptech, sustainability, and supply, Vila Dosal highlighted that the state is experiencing a historic moment. In 2021, it had the highest economic growth and the most formal jobs created, with 28,890, according to the Mexican Social Security Institute (IMSS).

In this context, the Governor led the presentation of the ADI Award, the most prestigious award in the real estate sector, alongside the Head of Government of Mexico City, Claudia Sheinbaum Pardo, the Governor of Quintana Roo, Mara Lezama Espinoza, the President of ADI, Jaime Fasja Amkie, and the boxer Saúl “Canelo” Álvarez, the absolute champion in the super middleweight division. The first place was awarded to Proarquitectura for a project developed in Cuernavaca, Morelos.

Addressing Governor Enrique Alfaro Ramírez of Jalisco, Vila Dosal recalled that in February 2023, the state had the highest wages on record, according to the IMSS. In 2021, the British consulting firm Deloitte named it as the one with the best conditions for investment and doing business.

During the event, the Governor indicated that Yucatán is attracting significant projects, with over 260 representing more than 114 billion pesos from world-class companies such as Tesla, Amazon, Airbus, Accenture, Leoni, and Preh. In 2022, foreign direct investment grew by 268%, the highest rate in the region’s history.

In his presentation, he emphasized that 2022 also witnessed the highest tourism growth, with a record of nearly 3.1 million passenger movements, according to the Southeast Airport Group (ASUR). It was also the period with the lowest crime rate, with only 1.8 cases per 1,000 inhabitants, nine times lower than the national average, and a 51% reduction compared to 2021, based on data from the Executive Secretariat of the National Public Security System (SESNSP).

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