ProGreen US Inc. (fka PGUS)

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Investors will fund projects in Yucatán, Quintana Roo, Baja California Sur and Jalisco
Published on Tuesday, April 27, 2021
The pandemic may not be over but air travel between Mexico and the United States is nevertheless set to rebound strongly in 2021.

Member companies of the World Travel and Tourism Council (WTTC) will invest US $2.5 billion in projects in four Mexican states, the WTTC chairman announced Monday.

Speaking at the WTTC’s global summit in Cancún, Quintana Roo, Chris Nassetta, who is also the CEO of Hilton, said the investment will go to Quintana Roo, Baja California Sur, Jalisco and Yucatán and generate more than 100,000 jobs.

About 65% of the total investment, or $1.6 billion, will go to Quintana Roo, and in excess of $250 million will go to each of Baja California Sur and Jalisco. Nassetta didn’t offer details about the projects, but much of the money is believed to be destined for the hotel sector.