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Tourism

"Tourism is key to Mexico `s economic development. It creates wealth for other economic activities and for all socioeconomic groups … It requires a consistent long-term policy measures in marketing, facilitation and promotion and investment promotion. "

Federal support for tourism infrastructure

The national agency, Fonatur , was founded 30 years ago to provide master planning and funding of major tourism development in Mexico. Fonatur typically buys large tracts of land, establish infrastructure, clear title, and urges the international investors such as large resort hotels, to participate as partners in development.
Every one of these projects has been extremely successful. Cancun For example, continues to be one of the most popular holiday destinations in the world.

• * Cancun
• * Playa del Carmen
• * Ixtapa
• * Huatulco
• * Los Cabos
• * Loreto

Mexico is expected to be the second fastest growing tourist destination in the world by 2013 with 9.5% annual growth, ranking third in total tourism-related employment to four million jobs. In 2004 tourism contributed USD $ 3.9 billion to the Mexico government, while time consuming only 0.033% of the federal budget. Given that the trade deficit was USD $ 8.5 billion that year, this represents a critical source of revenue. Tourism ranks third in foreign income after oil exports (a decline in industry) and finished, and the dollar remittances of Mexican nationals.
Tourism typically generates about 8.5% of GDP and nearly 10% of all jobs related to tourism, directly or indirectly.
During of the first quarter of 2007, international tourism receipts reached U.S. $ 3.758 billion U.S. dollars, a 14.6% increase over first quarter of 2006. The 3.6 million tourists during the period represent an increase of 8.3% over first quarter 2006 results. Mexico's tourism trade balance also increased, to $ 1.946 billion dollar-a 31.5% increase compared to USD $ 1.48 billion reported during the first quarter of 2006. The number of international visitors to Mexico on cruise ships grew of 78,000 from the first quarter of 2006 to first quarter of 2007.

GOVERNMENT INFRASTRUCTURE SUPPORT

The Calderón government has announced significant measures to reverse the decline in infrastructure investment over the past decade. This neglect has negatively affected productivity by increasing the price of electricity and telecommunications services, and reduce the quality of road infrastructure. The new national infrastructure plan focuses primarily on transportation infrastructure and a sharp increase in public and private investment. 20.000 km of new or upgraded roads are slated for development. The plan includes an expansion of railways and ports, and the construction of least three new airports.
The convicted improvements will help Mexico to take maximum advantage of its proximity to the U.S.. The government intends to make greater use of public-private partnerships to finance these projects.
The Calderón administration also projects tourism infrastructure investment of $ 20 billion dollars during his term (2007-12), up from $ $ 12.8 trillion in the previous administration.
Tourism Infrastructure support extends beyond the federal level. State and local governments are also entering into joint partnerships to promote tourism, which is widely regarded as a lucrative and relatively low-impact opportunity job creation, mutual economic benefit with the serious wave of senior retirees start to go south.

Retirement Haven

Many of these people seek more relaxed lifestyle as they age, including places receptive climates. At the same time a group not known for having a high threshold of boredom. Mexico is nearby, relatively safe and offers many cultural and recreational facilities, and have great lifestyle and climate. At the same time, it is still possible to buy premium view and beach real estate at a fraction of the cost of comparable properties in the U.S. (if you can find them at all).
Pensioners are also happy to find quality medical and dental care in Mexico, available at far lower cost than in USA. This is because the government's social policies, resulting in a surfeit of health and a culture that is still remarkably free of the impulse to sue. This allows the Mexican healthcare providers to avoid destructive insurance premiums as they dodge the attacks of US-style managed care.
Many retirees are back fit for much longer than was common in earlier generations. These U.S. dollar needs to stretch right out there with them care for old bones. Lower costs for many elements, but especially for domestic service like cleaning and gardening care, and spa services are also a big plus.
Finally, when this wave becomes a mass migration, the desire for community and a calmer and more relational lifestyle may well be easier to meet in Mexico than in the U.S. or Canada.

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Contact an agent at : info@cancunoceaneleven.com

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