Miller Hull

Yucatán announces private investments for more than 4,500 million pesos

Source: El Economista

11-20-2020 | News

The governor of Yucatán, Mauricio Vila Dosal , announced three private investment projects in real estate and tourism in the Vía Montejo development, which together represent 4,565 million pesos and the creation of more than 3,500 direct and indirect jobs.

Accompanied by the director of Inmobilia Desarrollos, Roberto Kelleher Vales, and the consul general and principal official of the United States in Mérida, Courtney Beale, the president led the presentation of three projects that will be carried out in said complex, “which come to promote the economic reactivation of Yucatán and reaffirm it as a competitive and accurate place to attract investments that generate jobs in the face of the complicated economic scenario that is being lived ”.

One of the projects is the construction by Inmobilia Desarrollos de la Torre Dos which, through an investment of 820 million pesos, will have eight levels, one commercial and the rest for offices. In addition, it will include common areas, a ground floor lobby, high-speed elevators, a service elevator and green areas. For this project, the generation of 1,445 jobs is contemplated.

The second corresponds to the construction of the Hyatt Place hotel in the 4-star Service segment, with 142 rooms, which is aimed at national and foreign tourism and means an investment of 745 million pesos; Construction will be completed in 2022. The generation of 1,015 new jobs will be promoted for its construction and operation.

The third project is the construction of the new facilities for the Consulate General of the United States of America in Mérida. They are the Miller Hull Partnership and BL Harbert International firms who, in coordination with local companies, will make an investment of 3,000 million pesos, thus creating 1,093 jobs.

This building is projected to be completed by 2023 to become the new diplomatic headquarters. This complex is oriented to provide a larger, more modern and secure space in order to provide better visa service and attention to US citizens throughout the Yucatan Peninsula.

In this regard, Emilio Díaz Castellanos, president of Grupo Dicas, affirmed that the investments presented are the result of the confidence that exists in Yucatán and in the work that the state government is doing to attract new investments to the entity, which have a positive impact on the Yucatecan economy.

Read the full story at El Economista