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Article: Mexico and Fonatur: celebrating 30 years of success in tourism investment.(Special Advertsing Feauture)(Advertisement)
- Article from:
- Revista Latin Trade
- Article date:
- May 1, 2004
CopyrightCOPYRIGHT 2004 Freedom Magazines, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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As the destination of choice for nearly 20 million tourists every year, Mexico offers some of the world's best opportunities for private investment.
New properties currently being developed by Mexico's National Trust Fund for Tourism Development (FONATUR) are providing investors with top quality enterprises in one of the world's most stable, open and deregulated emerging economies.
In 2003, private investment in the Mexican tourism sector grew by 12.2% compared to 2002 figures, increasing from US$1.5 billion to US$1.7 billion. Of the total domestic and foreign private investment channeled into the sector, 21% originated from abroad.
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