Several important industries in Mexico are government-run monopolies. One such monopoly controls the production, distribution and export of oil. Mexico has large oil reserves and sends much of its oil to the United States. The oil industry generates a lot of money for the economy each year, but policymakers here understand that the oil industry will not sustain Mexico’s economy forever. As a results, new initiatives in Mexico are developing the tourist economy as a major source of income for the country.
This approach is good news for Puerto Vallarta tourism. New infrastructure is being built here to support a growing number of tourists who regard Mexico as a safe and friendly place to visit. The Puerto Vallarta tourist economy has benefited from the construction of a new water treatment plant to sustain growth in Puerto Vallarta. Puerto Vallarta’s water has met US drinking water standards for the past seventeen years running, but the new water treatment plant will ensure clean water to Puerto Vallarta residents and guests alike.
Construction has just begun on a new interstate highway system that will connect the major cities in Jalisco, including Guadalajara, Puerto Vallarta, and Tequila with Zacatecas in the state of Zacatecas. This will make travel around Jalisco and to neighboring states easier for both residents and tourists alike.
Puerto Vallarta has just opened a new international airport terminal designed to process 800,000 passengers each year. Already, two million travelers visit Puerto Vallarta each year, by air, land and sea. Puerto Vallarta’s marine terminals have been refurbished because the city is one of the most popular ports-of-call for cruise lines that operate in the Pacific Ocean.
Government support for Puerto Vallarta makes it very clear that the tourist economy is here to stay and Puerto Vallarta plays in important role in Mexico’s future economic plans. That’s one major reason that many people are looking to invest in Puerto Vallarta real estate. Now is definitely the time to buy here. If you’re interested in more information about the long-term investment potential of Puerto Vallarta real estate, please contact a Select Mexico Properties sales representative today and let us show you how to take advantage of the economic prosperity in Puerto Vallarta.
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