Firmas Will Invest $20,000 Million Dollars in Tourism Mexico

Firms will invest 20.000 million dollars in tourism
The National Tourist Business Council said the funds will be invested in 5 years, this plan would create 1.5 million jobs in the sector, said Pablo Azcarraga, president of CNET.
The investment of 20.000 million dollars in tourism genre 1.5 million jobs, according to industry sources. (Photo: AP file)
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By: Francisco Rubio
MEXICO CITY (FORTUNE) - Despite being a difficult year in tourism , the companies of the sector plan a national agreement , where authorities are committed and entrepreneurs to increase tourist arrivals and pours economic.

"We have been slow to make this agreement , but it is a responsibility we take in an orderly manner. It is a challenge for tourism to grow and there is more investment in the country, "said Pablo Azcarraga, chairman of the National Tourist Business Council ( CNET ).

The body member companies expect to invest 20.000 billion in the next 5 years to regenerate the industry, infrastructure and new niches in the market .

"We have to think short term, I think we have to move away from the sun and beach tourism, we have many places full of traditions and cultures. It is a rich country and can offer more things to tourism, "said Azcarraga, chairman of Grupo Posadas, the largest chain of hotels in Latin America . He added that this figure will create up to 1.5 million jobs extra.

The employer said that this plan work in conjunction with the Ministry of Tourism and is expected to be launched before the end of the year.

CNET expected throughout this year 22.5 million tourists have visited Mexico, while total private investment reaches 2.300 billion, a figure far to 4.000 billion that was spent in 2008.

Problems in the north

Pablo Azcarraga said the hotel industry has had problems in the north of the country, so have had to close some small hotels and even reduce the number of rooms. He added that the industry of this strip of country reports an occupancy close to 40% on average, 30 percentage points over last year.

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