Sunday, May 26, 2024

Firm looks at multi-billion-peso medical-residential project in Quintana Roo

A Canadian company appears committed to building a multi-billion-peso medical-residential project in Quintana Roo that would cater to the needs of Canadian retirees.

The head of the state’s Institute for Development and Funding (Idefin), Bernardo Cueto Riestra, said K & A Associates CEO Marc Kealy had expressed the firm’s intention to go ahead with the project in the state capital of Chetumal during a meeting on December 11.

“In the context of this visit . . . Marc Kealy reaffirmed K & A’s projection to develop an investment project worth close to 4.5 billion pesos [US $224.2 million] . . .” he said.

Idefin, K & A and the Quintana Roo Strategic Projects Agency (Agepro) also met in Toronto, Canada, in November to discuss the ways in which the state government can participate in the project, Cueto said.

“A project of this magnitude will mark a before and after for the south of the state, specifically for our capital. In recent weeks, we’ve been working hand in hand with the Strategic Projects Agency . . . and thanks to that cooperation we’ve found a way to provide the conditions that generate the confidence of K & A,” he added.

Agepro director Eduardo Ortiz Jasso said the project would help to close the economic gap between the north and south of Quintana Roo and provide more and better employment opportunities for local families.

Kealy, a former CEO of the Ontario Pharmacists Association, said during his visit to Mexico that “the Canadian community is increasingly aware of the favorable environment that the south of this beautiful Mexican state offers and it’s pleasing to see the willingness of the Quintana Roo government to make this project a reality in the medium term.”

No commencement dates for the project appear to have been set at this stage.

Source: El Economista (sp), La Verdad (sp), La Jornada (sp) 

Have something to say? Paid Subscribers get all access to make & read comments.
A National Guard agent stands between two police vehicles on a cordoned-off street outside of El Pueblito market in Acapulco, Guerrero,.

Wave of violence leaves 15 dead in Acapulco

0
The latest incident occurred at a grocery store inside the El Pueblito handicrafts market.
Smoke in Oaxaca skies

Locals fight fires and slow government response in Oaxaca

0
Fires have consumed thousands of hectares in Oaxaca this year, including in protected reserves. Locals have taken to setting up blockades to get help from the government.
A house with the roof torn of by the tornado, leaving water damage to the bed, dresser and clothes.

Tornado in Toluca leaves 2 dead, one of them a US citizen

0
On Thursday, a rare tornado traveling 100 km/h knocked a fence onto two pedestrians in the México state capital, killing them both.