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$100 Billion Transport Boost For Mexico Real Estate

In a move which promises to revolutionize not only the way Mexico travels but will also spurt economic development, the Mexican government has announced plans to invest about $100 billion revamping all modes of transport such as rail, road and port over the next 5 years.

Mexico's Go Mart had stopped its regular passenger train services more than a decade back. With this announcement it will also restart the services. According to the Mexican President Enrique Pena Nieto, 360 miles of high speed rail links will also be constructed. Cities like Mexico City, Toluca and Queretaro will be linked with one line.
Another major railway line will be the one connecting the cities in the Yucatan Peninsula. A major beneficiary will be Cancun along with Merida according to industry experts although no details have be released officially.

The plans are also afoot to modernize or build four airports, seven seaports and about 3,350 miles (5,410 kilometers) of highways.

Major resort and tourist towns of Cancun and Playa del Carmen are already very well connected through extensive road network and International airport but with advent of railway network in Riviera Maya region, Playa del Carmen real estate region will get a major boost in connectivity. Railways will also give a fillip to tourism as Yucatan region is abundant with natural beauty and rail travel will be an added attraction for tourists both foreign and local.

Playa del Carmen is all set for an exciting era of growth and development. This is an opportune time to invest in real estate and reap the benefits in medium to long term.

Written by: David Selva owns Playa Real Estate Mall, Playa del Carmen's leading real estate agency. Check out David Selva's Google+ profile.

Posted: Tuesday, July 23, 2013 12:11 AM by Jackeline Camacho


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