Despite the economic crisis and the difficulties for new investment in the country, Mazatlan will continue to record a good level of private investment in hotels and condominium towers in 2010.

Gabriel Tostado, Project Coordinator of the Secretariat of Tourism in Sinaloa, said that in 2010 investment is expected to be in the order of 3 thousand 200 million pesos.

This figure, although investment will be lower this year at 200 million, said it is still important because it located in Mazatlan at the top nationally in the category of private investment.

"The prediction we have is that in 2010 there will be an investment of 3 thousand 600 million pesos, which is only 200 million less in relation to that applied in 2009," he said. "With this investment, next year will be in Mazatlan the top three nationally in this line.

For next year, said the major port projects will be investment in the Stone Island by the Korean group, originally from Durango, who will pay millions of dollars to achieve it. "This project is an important advance because the Korean group has already paid the local residents nearly 300 hectares of common usage.

They also emphasize investments in projects such as Peninsula, Escondido Tower, Las Gavias Grand, Sabalo Del Sol and Costa Bonita.
Both the Hilton and the Hampton chain hotels are also planning on developing here in Mazatlan.