Tag: Investment
Yucatán stadium project delayed, and its deadline is in doubt
What became of Yucatan's Sustainable Stadium?
Construction work on Mexico's most technologically advanced sports complex never got started in March as promised. Its original 2023...
Gov. Vila travels to France to promote investment in Yucatán
Yucatán’s Gov. Mauricio Vila Dosal is on the road again in Europe in an effort to bring more investment to the state.
During previous trips...
Yucatán’s most famous attractions enter the Metaverse
Several communities and archaeological sites in Yucatán have launched projects to bring their attractions into the world of virtual reality.
Citigroup to sell off Banamex, owner of historic Casa de Montejo
Multinational investment bank Citigroup has announced that it will sell off Banamex.
The largest online retailer in Mexico to flex its muscles in...
The online retailer Mercado Libre has announced its plans for a new logistics and distribution center in Mérida.
Could Yucatán be sitting on billions worth of lithium?
Yucatán may be sitting atop significant lithium deposits, according to Sen. Napoleón Gómez Urrutia.
A big win for Yucatán, the newest member of the World...
A campaign to further boost the state’s economy has paid off. Yucatán has been granted membership in the elite World Tourism Organization.
Mérida pulls out all the stops to celebrate Mexico’s largest tourism...
Last night Mérida’s Centro was abuzz with activity as the city wrapped up its first day hosting the Tianguis Turístico Mexico, the nation’s largest tourism industry trade show.
Yucatán looks to reboot its tourism industry through major investments
The state government has announced that it will be investing nearly 1.4 billion pesos (67 million USD) in four new projects to revitalize Yucatán's tourism sector.
Construction at Xcaret’s new theme park near Valladolid shut down
Construction at Xcaret’s Xibalba theme park in Yucatán has been halted after a surprise inspection by Mexico’s federal environmental agency, Profepa.
Progreso to host the Americas’ largest shipyard
Fincantieri, one of the world's largest shipbuilders, plans to build the largest shipyard on the American continent in Progreso, Yucatán.
Headquartered in Trieste, Italy, the...
Mérida real estate market heats up, even beyond the Periférico
Increases are not limited to the Centro or its surrounding neighborhoods. Areas once considered fairly affordable such as Francisco de Montejo, and Ciudad Caucel have also seen considerable price hikes.
Tensions flare over plans for Mérida’s new stadium
Promotion of Housing Industry, says Mérida’s new multi-purpose stadium will increase property values in the city’s north.
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
Yucatán Gov. Mauricio Vila Dosal visited yesterday the construction site of Amazon's new distribution center in Umán.
Accompanied by Amazon Mexico's director of operations, Diego...
More investment is needed to bring water to distant communities
Experts warn that many regions of Yucatán are facing serious water shortages.
The problem is not that Yucatán does not have enough drinking water, but...
Amazon to open new warehouse in Umán
Online retail giant Amazon will invest in a distribution center in Umán, Yucatán Gov. Mauricio Vila Dosal confirmed.
State authorities came out in support of...
Company bets on Yucatán’s place in aerospace
Merida Aerospace, a new company with plans to operate in Yucatán, hopes to build Mexico's first spaceport and revolutionize the growing space logistics industry.
Merida...
Jobs in Yucatan will return to pre-pandemic levels in 2 years,...
New investments in logistics and manufacturing will soon come from Europe, Asia and the United States, said Yucatan's labor secretary, Ernesto Herrera Novelo.
At this...
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
Merida, Yucatan — The city's northern panorama continues onward and upward.
In addition to the 30 towers that are already there, another 30 are coming,...