• WHAT Large tourism investments in the Mayan Riviera are boosting Foreign Direct Investment (FDI) numbers in Quintana Roo with more than USD 309 million arriving to this State in the Caribbean basin (pop. 1.5 million) during the first half of 2019, per Mexican Government data.
• COMPARISON The 2019 numbers in Quintana Roo already surpass total FDI data for 2018 (USD 274 million) and are based on several construction projects including the St. Regis, Kanai hotel near Playa del Carmen and the Grand Outlet mega mall in Puerto Morelos.
• GOING BEYOND CANCUN According to Quintana Roo’s Government, the State is trying to diversify the nature of projects it attracts and the areas where they land including the Southern coast around Chetumal; also, a sargassum algae processing plant could be in the works for 2020.
• BEYOND TRAVEL ADVISORIES Despite some violence and crime incidents around Cancún and Playa del Carmen that prompted the US State Department to issue advisories in recent years, Quintana Roo is Mexico’s top leisure destination attracting 15 million international tourists in 2018.
