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First stone laid for new multi-billion-peso Cancun mega mall

Cancun, Q.R. — The first stone for a new mega shopping project was laid in Cancun by officials including state governor, Carlos Joaquín.

The first stone for the new 3-billion-peso Grand Outlet Riviera Maya Mallentainment being constructed by company Grupo GICSA, was laid that once complete, will offer shoppers high-end brands, hotels and entertainment.

“It is important that Quintana Roo continues to attract investments that allow more and better opportunities for people to have more formal jobs with benefits,” said Governor Carlos Joaquín.

The first stone of the shopping center “means that there is investment, that there is trust in the state, that there is the possibility of new projects, of the generation of more employment, of the attraction of investments and of success for our destinations, which contributes to advancing together in the decrease of inequality,” he added.

Abraham Cababie, CEO of Gicsa explained that “Grand Outlet will have the best brands in the world. We know what people want because 70 percent of the outlets in the country have been developed by us.”

He said that the outlet will also offer food and entertainment along with non-traditional attractions such as a covered ice rink, noting that this mall will be between two and three times larger than other existing area shopping malls.

He explained “Among the entertainment options there will be an auditorium for 7,500 people, more than 80,000 square meters of water bodies, an amusement park, ice rink, the world’s largest go-kart track and a hot air balloon.”

Grand Outlet Riviera Maya Mallentainment will also be home to three hotels including City Express Plus, City Express Suites and NH brands.

Cababie pointed out that the construction of the development will take approximately 18 months and that they are anticipating a grand opening in October of 2020.

Miguel Torruco, Secretary of Tourism, said that the private investment is essential for the generation of wealth and jobs, so these types of projects are required.

Governor Carlos Joaquín says that once finished and operational, the Grand Outlet Riviera Maya Mallentainment will generate more than 5,000 direct and indirect jobs.