Spanish Investment Expected Fonatur Sinaloa Integrally Planned Center 99 Milles From Mazatlan Mexico

Spanish investment expected Fonatur Sinaloa

30/01/2011 20:59

The National Fund for Tourism Development (Fonatur) will spend 530 million pesos in the development of new infraestructuraun Integrally Planned Center (CIP) in Teacapán, state of Sinaloa.

It expects strong participation of Spanish hotel from the first half of 2012, which will generate around 150,000 jobs over the next eight years.


Fonatur stressed that the fund has a multi-annual budget (fiscal resources guaranteed by the Congress) from 3.800 billion pesos (mp) until 2019 for this CIP will be his first work sustainable.


The fund already carries the first infrastructure in 2.831 acres it acquired in 2008 with an investment of 1.200 mp and this administration have invested 382.2 million pesos.


The challenge for this year is the first sign partnership agreements with hotel chains such as Spanish Ríu, Melia and Barcelo, to place the first stone in 2012 the first hotel in the CIP.


Also provides a chance to invest capital developers Mayan Palace Mexican and Spanish OHL.

Fonatur hotel market the first batch and will be under the partnership scheme, both with the hotel concerned as U.S. investment banks, and has already had talks with Investment Funds to carry out investment plans.


The forecast for this CIP have Sinaloa, which aims to capture a large number of Canadian and American visitors, is to build 44.000 quarts in a total of 208 lots.