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Private Tourism Investment in Mexico Totaled US$2.803 billion during First Four Months of 2008
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Tourism Secretary Rodolfo Elizondo inaugurated the 22nd Annual Convention of the Mexican Association of Tourist Developers (AMDETUR) on “Tourism, the Engine of Development for Mexico,” at which he told businessmen that Mexico has shown favorable results regarding private tourist investment by accumulating US$2.803 billion during the first four months of this year. Accompanied by José Carlos Azcárraga, President of AMDETUR, the SECTUR director stated that as a result of the confidence of investors in the tourism sector, 31% of the six-year goal of $20 billion USD has been achieved, since over the past 16 months of President Calderón´s government US$6.267 billion in investment in tourism have been generated. This is good news for tourism in Puerto Penasco, as the Tourism Secretariat has submitted a package of seven investment requests for providing basic services such as drainage, safe drinking water and the installation of wastewater treatment plants and other urban works for seven beach tourism destinations. Puerto Penasco being one of the seven.
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