Sinaloa offers opportunities for investment, thanks to its strategic location and the growth of its tourism market, emphasized José Ramón Manguart Sánchez, president of the Mazatlán Three Islands Hotel Association, after announcing that Sinaloa has attracted 114.772 billion pesos in private investment during the administration of Governor Rubén Rocha Moya.
“There is opportunity due to the destination’s location, especially in the opening of tourism markets, and in the vertical real estate growth that many families have found in Mazatlán their second home. This speaks to the confidence and the fact that they are turning to the port because they feel it is the time to invest,” he emphasized.
He explained that Mazatlán, after Culiacán, accounts for 44% of the state’s private investment. Since the opening of the Mazatlán-Durango Highway and the 2018 Tianguis Turístico, it has seen significant growth in the tourism-hotel and real estate sectors, especially in apartments and vertical condominiums, where more than 70% of investment is concentrated.
“Investors continue to invest in Mazatlán: there are nine hotels under construction, seven of which are in Mazatlán, and another seven are in the pipeline, which contributes to the tourism industry and the economic boom in recent years,” he mentioned.
He commented that tourism development translates into new jobs, primarily in the construction sector, and has had a positive economic impact on young university graduates.
Furthermore, the confidence generated by the destination has attracted international brands such as RIU and Hard Rock, which will allow other hotel chains to consider investing in Mazatlán in the medium and long term.
Manguart Sánchez added that the industrial and logistics sectors have also boosted private investment.
“The Mazatlán-Durango highway completed a key connectivity link, strengthening logistics, an essential element for optimizing the supply and distribution of goods. This is complemented by future projects, such as the train and the Home Port, which will consolidate Sinaloa, and especially Mazatlán, in the logistics, industrial, and tourism sectors, generating opportunities, jobs, economic development, urban growth, and new investments.”
Finally, he called for the three levels of government and the private sector to join forces to continue building solid investment conditions. He emphasized that current challenges demand creativity to capitalize on opportunities, especially in Mazatlán, where the strategic location and vertical hotel and tourism real estate development reflect the confidence the destination inspires.
Source: eleconomista
