Select Mexico Properties

The first quarter figures are in and the Mexico economy is growing despite the economic slowdown in the US. The US is a major trade partner of the US, and economists widely expected a softening of the Mexico economy in the first quarter.

Instead, industrial production actually increased, in part because other nations are turning to Mexico to supplement their own production capacity. This is excellent news for Mexico. It means that the government’s effort to expand Mexico’s trade is working. Mexico is becoming less dependent upon the US.

One area in which Mexico has been working hard is the promotion of tourism. The Mexican federal government is spending billions of pesos to promote infrastructure investments in the country. New roads and interstate highways are being built in strategic locations. These highways replace existing roads and in some cases are forging new connections to cities all over the country.

Providing safe, healthful drinking water to the entire country is a high priority for Mexico. Mexico’s aging water infrastructure is in dire need of replacement, and the government is funding new pipeline projects and new water treatment facilities to nmke the most of Mexico’s natural water reserves. New infrastructure and water treatment facilities will go a long way toward delivering clean, safe drinking water to Mexico’s population.

Puerto Vallarta has enjoyed clean, safe municipal drinking water for 17 consecutive years. The water that is purified at the Puerto Vallarta water treatment plant meets the same standards that US drinking water does. In addition, Puerto Vallarta has a new, modernized water treatment plant to ensure that Puerto Vallarta enjoys clean, healthful water for many years to come. The incidence of water-borne illness in Puerto Vallarta is extremely low, and it’s one of the reasons that Puerto Vallarta is so popular with tourists.

If you would like more information about how infrastructure investments in Puerto Vallarta are increasing the value of Puerto Vallarta real estate even farther, please contact a Select Mexico Properties sales representative today!

Photo Credit: Tomas B.