Tag: Investment
Not everyone is excited about Mérida’s new stadium
Mérida's new stadium is set to be built in the north of the city in the Cordemex neighborhood, but not everyone is excited.
Yucatán unveils details of its striking new sports stadium
Plans have been unveiled for the construction of a new sports arena in Mérida’s north with a maximum capacity of 32,000 spectators.
Should Yucatán develop its very own Cancún-like hotel zone?
Tourism developers suggest developing a three-mile-long hotel zone along Yucatán's coast.
Merida Aerospace sets ambitious new plan for 2021 test launch
The location of the launch facilities and control center has yet to be disclosed, but would be in a remote region, perhaps near the coast.
Amazon distribution center in Umán is 35% complete
Computer rendering of Amazon’s facility in Umán. Image: Courtesy
Yucatán Gov. Mauricio Vila Dosal visited yesterday the construction...
More investment is needed to bring water to distant communities
Many families in remote communities rely entirely on the use of wells. Photo: File
Experts warn that...
Amazon to open new warehouse in Umán
Amazon warehouse in Tepotzotlán, Estado de Mexico. Photo: Creative Commons
Online retail giant Amazon will invest in a...
Company bets on Yucatán’s place in aerospace
Rendering: Merida Aerospace
Merida Aerospace, a new company with plans to operate in Yucatán, hopes to build Mexico's...
Jobs in Yucatan will return to pre-pandemic levels in 2 years,...
Foreign investment will bring more factory jobs to Yucatan. Photo: Sipse
New investments in logistics and manufacturing will...
More growth at Siglo XXI, cruise port and Xcanatun
Investors are betting on more business and leisure travelers coming to Yucatan.
In Merida’s changing skyline, 30 new ‘skyscrapers’ are coming
Via Montejo, which opened in 2018, added numerous high-rises along Merida's periferico. Photo: Courtesy
Merida, Yucatan — The...
Plan to move Merida airport took most by surprise
Mexico's plans for a new Merida airport, unknown to the public until Tuesday, surprised local business leaders who days before were also taken off guard by sudden promises to fix Yucatan's failing power grid.
Mayor in China and governor in NYC, both networking with investors
The mayor of Merida was in China to meet with investors and other city leaders. Photo: Courtesy
The...
Mayan Train gets funding that would have gone to ProMexico
The federal government will pay its share of the Mayan Train with money saved by shutting 46 ProMexico offices around the world.
Millions invested in 3 new Yucatan hotel projects
Mexican hotel investors are pouring 800 million pesos, or roughly US$20 million, into Merida, Chichen Itza and Valladolid.
Japanese auto parts maker to open factory in Yucatan
Yucatan Gov. Mauricio Vila Dosal on Saturday traveled to Japan to meet with leaders of a company that has agreed to build an auto parts factory in the state.
Ties between Russia and Mexico appear to tighten
Major investment from Moscow in the Mayan Riviera and other areas was offered during a meeting between Mexico's president elect and the Russian ambassador.
German manufacturer Leoni builds 2nd plant in Yucatán
Not content with just one factory in Mérida, Leoni Wiring Systems has broken ground on a second.
Protect investors with a zoning plan in Mérida, Canaco leader says
Where a machine shop can legally operate next to a restaurant, investors hesitate to write checks.
Biggest project since the 1990s will stimulate even more growth, says...
Now several hotels are in the works, with more investments certain to follow, said Carol Kolozs Fischer, vice president of tourism for the local Chamber of Commerce.
39,000 new homes in Mérida’s north, many promising the high-rise ‘Lifestyle’
As the north of the city continues its building boom, new trends and demographic shifts are apparent.
Wiring systems plant opens with plans to hire thousands
Leoni, a leading European provider of cables and cable systems to the automotive sector and other industries, has officially opened a new, environmentally friendly wiring systems plant here.
Ucú land rising in value as neighbors grow
Between Mérida's western border and the new industrial area of Hunucmá, there is the municipality of Ucú, which a local newspaper has headlined "the new 'elite' zone."
2-billion-peso container plant nearly ready to open
Envases Universales opens its 2-billion-peso container plant on Thursday, July 13, creating 250 new jobs.