Nayarit Ranks Tops for Private Investment Rumbo de Mexico
05 Oct 2009
by:

Riviera
Nayarit - According to the first report from the federal Secretariat of
Tourism in the National Projects Registry, Nayarit is the most
attractive state for private investment, said the state Secretary of
Tourism, Edwin Hernandez. Over 655 million dollars have been invested
there this year.

"Thanks
to the strong promotion and excellent management by Governor Ney
Gonzalez Sanchez, investments make up the vast majority of projects
initiated in 2008 and concluded in 2009," Hernandez said. "Some
examples are the St. Regis Hotel, Hotel Dreams Villamagna and the
Marina Riviera Nayarit. Also, there are many other projects that have
been started this year and will continue into 2010, such as the Hotel
Grand Luxxe and renovations being made to the Grand Mayan Hotels, Mayan
Palace and The Sea Garden."

Condominiums
with hotel services, or "condo hotels," which have been promoted by the
government, have played an important part in generating investments in
the Riviera, he said.

These
investments are in line with the governments' State Development Plan
because tourism translates into job creation, Hernandez said.
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