Tuesday, July 19, 2011

Dragon Mart is in talks to come to Puerto Morelos

The news of Dragon Mart going in behind Cancunmesse near Puerto Morelos is in talks. According to several sources-  it is to be operating no later than November 2012 it will be the second biggest area of exhibition and sale of Chinese goods in the world outside of China, announced Hao Feng, Chairman of Chinamex. The other Dragonmart is in Dubai where its operation caused real estate prices in the area to sky rocket. With their initial investment of $150 million dollars it will generate 5,000 direct jobs, not counting the Chinese community workers who occupy the housing complex of 4,000 homes that are included within the 840,000 square metres. On top of that the Yucatan Government gave a green light last month  regarding the plan build to the very Fast Transpeninsular Train project to start early 2012, linking Merida and Punta Venado (between Playa del Carmen and Puerto Aventuras). Progreso has announced that they are building a shipping fuel terminal and the Quintana Roo government is expecting over US300 million in private investment in the next 6 months.

As this project develops, it could settle Mexico’s largest Chinese community, since it is estimated that inhabit this complex in a number not less than 5.000, said Francisco Armand Pimentel, Economic Development Secretary of Quintana Roo and one of the major driver of this plan.

The project, the officials said, should be viewed with a boost from the Chinese government to small and medium businesses to project their country internationally and to offer their goods directly, without intermediaries in a showcase such as Cancun, a destination with excellent international connectivity with Central America and the intermediary point between the south cone and the north of the continent, while providing a window towards Europe. It will be located on the highway Cancun-Playa del Carmen, near Puerto Morelos and 15 minutes from the Cancun airport.

www.american-development.com

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