| It's not just Mexico, as there is a flurry of | | | | Jesusito real estate project on 988 acres of land next |
| announcements in the early part of 2010 from various | | | | to the Mayakoba project. The project will include |
| countries and sources. All are making plans or | | | | condos, a golf course, and a residential area for |
| announcing investments in Mexico's infrastructure. | | | | employees. |
| Projects will impact highways, ports, waterworks, | | | | Mexico's National Infrastructure Fund was created |
| airports and resort development. | | | | by Mexican President Felipe Calderon to drive |
| Australian investment fund, Macquarie Group, | | | | investment in roads, bridges, trains, water treatment |
| announced in January the launch of a new $408 million | | | | and other infrastructure projects. The fund supports |
| fund to make massive investment in Mexico | | | | private investment, and is authorized to invest more |
| infrastructure. Focusing on Mexican infrastructure | | | | than $2.37 billion in 42 projects in 2010. |
| opportunities, it's the largest managed fund in Latin | | | | Frederico Patino, director of the fund Fonadin says: |
| America, and will target investment in roads and rail, | | | | "The message is that projects won't be detained |
| water and wastewater, ports and airports, energy and | | | | because of a lack of funding." He joined the |
| utilities, as well as social communications infrastructure. | | | | infrastructure fund in 2008. The focus of these |
| The Macquarie Mexican Infrastructure Fund was | | | | investments is on the major routes and tourism areas |
| launched with: | | | | in order to boost local economies and real estate |
| * $59 million of founder money | | | | markets as well. |
| * $81 million from the Mexican Government | | | | Just announced in mid-March 2010, it is expected |
| * $268 million from Mexican pension funds | | | | that a $240 million investment will be made in |
| In January, local media in the Riviera Maya | | | | development of the new Tulum International Airport. It's |
| reported that Spanish construction company OHL is | | | | still only planning, as a great deal of organization must |
| planning to build a new luxury marina in the Riviera | | | | happen first, but there is confidence in this project's |
| Maya. A spokesman for OHL said that they are | | | | ultimate success. |
| working with hotels and real estate developers at the | | | | If this massive activity in a cooperative effort of |
| Mayakoba project near Playa del Carmen in the | | | | private investment and government to improve |
| Riviera Maya. The project consists of five 5 star | | | | infrastructure in Mexico continues, it could begin to |
| resorts. | | | | stimulate the real estate markets in the country for |
| OHL is also continuing plans to develop the El | | | | decades. |