Mexico investment for Carnival

Line to develop Pacific and Caribbean coast of country for cruise business

By Michele Witthaus |

Carnival Corporation is to invest US$150 million in developing Mexico’s port infrastructure.

A deal signed on 14 March covers development of port infrastructure in Mexico’s Pacific and Caribbean coastal areas. The agreement fits within the framework of the country’s National Agreement for Tourism and President Felipe Calderón Hinojosa witnessed the signing.

Mexican secretary of tourism Gloria Guevara Manzo and Carnival Cruise Lines president and CEO Gerry Cahill signed the agreement at Puerto Maya in Cozumel. President Calderón said that the federal government had set the goal of becoming the fifth-most-visited country in the world by 2015, adding: “For this reason, I congratulate Carnival and I recognise the significance of the decision that Carnival made to invest in our country.” Cahill said that Carnival had invested US$100 million in Mexico and plans to develop two new projects, including a cruise terminal at Calica and another one in South Baja California.

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