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Mexico – President Calderón Announces Riviera Maya Airport, which will require 3.2 billion pesos in investment

President Calderon in Tulum

Head of Transportation Sector, President Calderón, Governor Felix González Canto

President Felipe Calderón led the presentation of the project for a new airport in the Riviera Maya in the resrot town of Tulum, the construction of which will require an investment of approximately 3.2 billion pesos, and will cater to 3 million passengers during its early stages.

The project, said the President Calderon, will be built in an area of over 1.500 hectares and will include a six kilometer access road as well as an offshoot of the Tulúm to Cobá Highway, greatly beneffiting the Tulum Real Estate scene.

“This project will require an investment of approximately 3.2 billion pesos. It will be built using a full concession scheme, in other words, total private investment. It is the first airport to be built using a full concession scheme, from the ground up, and will create many direct and indirect jobs in the region,” he said.

But, he said, even more important than the jobs created by the construction and operation of the airport in Tulum, are the jobs that will be created by the flow of tourism to the Tulum area and further down to the south part of Quintana Roo, which represents the real potential of this project.”

The new airport will have modern facilities, with state of the art technology and the capacity to receive continental and inter-continental flights, making it able to handle up to three million passengers a year heading for the Tulum Riviera Maya area.

President Calderón added (that), “We are on the right track,” in regards to economic recovery, since “we’ve had to make hard, yet timely and essential decisions to enable us to expect a much better future from now on,” although he warned, “We cannot afford to let up.”

Accompanied by state governor Félix González Canto, the President declared: “We are on the right track. This is the right track for the economy. It has undoubtedly been difficult for all of us. It has been hard on everyone.

But having made timely, difficult yet essential decisions means we can hope for the better future we want,” he declared.

Moreover, he said, employment figures are good and there have been encouraging results. He recalled that according to the Social Security figures, 34,000 new jobs were created in January, 129,000 were created in February while the first fortnight in March saw the creation of nearly 80,000 net new jobs.

He explained that, “A year ago, it was thought that the Mexican economy would not grow over 1 or 1.2% in 2010. Now the forecasts suggest that the Mexican economy will grow by at least 4% while some companies, such as Morgan Stanley, foresee growth of up to 5.2%.

“This means we should continue with the largest infrastructure program the country has had in a long time. We must therefore continue promoting structural reforms that will make the Mexican economy more competitive and capable for creating jobs.”

He went on to say that, “We must work to preserve legality and the rule of law, which will give Mexicans, our families and those that visit us safety and tranquility during their stay in Mexico.”

He added that his government is investing a record 5% of the Gross Domestic Production in the construction of infrastructure.

“Average investment in the 1990s in the country’s infrastructure was approximately 2% or less than 2% of annual GDP. Average investment in the previous administration was approximately 3% of GDP in infrastructure. During this administration we have invested 5% of GDP in infrastructure,” he explained.

Source: ISRA

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