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Sunday,  July 14, 2024 3:53 AM 

Mexico welcomes $1.3 billion tourism investment

Mexico welcomes $1.3 billion tourism investment

A major investment by Grupo Vidanta will see $1.3 billion in new tourism projects throughout Mexico over the next five years, including premier golf courses, additional luxury resorts and Cirque du Soleil theme parks.

The announcement was made this week by the developer in Riviera Maya, during a press conference attended by dignitaries including Mexican President Enrique Peña Nieto, Mexico Secretary of Tourism Claudia Ruiz Massieu and Governor of the Mexican State of Quintana Roo Roberto Borge Angulo.

Although full details of the investment are still forthcoming, plans include the development of the world’s first Cirque du Soleil theme parks; the company expects to draw an additional 2.5 million annual visitors with the first park’s inauguration in 2019. In late 2014, the company launched JOYÀ by Cirque du Soleil in Riviera Maya, the first-ever Mexican-based production by the famed circus entertainment company.

This year, the company will also add a new premier golf course by Greg Norman at Vidanta Nuevo Vallarta.