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New partner jumps aboard ‘New Cancun’ tourism project

The announcement that the Fondo Nacional de Infraestructura (National Infrastructure Fund or FNI) will become a partner in the Chalacatepec tourist complex – dubbed by Jalisco’s former governor as Mexico’s “New Cancun” – will contribute significantly to the economic regeneration of the region, says Francisco Ayon, president of the administrative committee of the Instituto de Pensiones del Estado de Jalisco (IPE), the pension fund for state workers, another of the investors in the polemic 1.3-billion-dollar project.

Located 20 kilometers south of Tomatlan, this idyllic seven-kilometer stretch of beach will be turned into a low-density tourist development to eventually encompass 13,000 hotel rooms.

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