Fonatur to Build New Tourism Development in Compostela, Nayarit

AI-summarized · Neutrality-checked

The Mexican federal tourism agency Fonatur initiated the development of the Centro Turístico Sustentable (CTS) Compostela in Nayarit, marking its first new resort project in twenty years. The first phase of the development spans 542.32 hectares and requires an investment of 7,134.7 million pesos (US$422 million). This project integrates the Boca de Chila and Chacala-Las Cuevas sites, signaling a return to the agency's traditional model of building planned tourist destinations from scratch on undeveloped coastlines.

Consequences

Fonatur will move forward with the initial development phase while simultaneously managing its focus on the Tren Maya project. The agency is expected to continue its historical practice of providing land and infrastructure to attract future private sector investment for the new site.

Sources

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