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Real estate officials say decentralization will benefit state

Cancun, Q.R. — Real estate officials say the decentralization of government agencies would bring dynamism to the country and benefit the state of Quintana Roo.

The Mexican Association of Real Estate Professionals (AMPI), chaired by Alejandro Kuri, says that the decentralization of federal agencies would be beneficial due to the dynamism it will imply for various states around the country.

He recalled that this is undoubtedly an old proposal that could not be changed due to bureaucratic issues, but now it’s possible and would be beneficial for different states, noting that states such as Quintana Roo and Yucatan have the merit to be headquarters of the Secretariats of Tourism and Environment and Natural Resources.

Kuri pointed out that the Mexican Caribbean currently represents almost 40 percent of the international tourism that enters the country.

“It is positive news because we have tried to decentralize the public sector for many years, but it has not been possible to do so because we needed the coordinated efforts of many sectors,” he explained.

“Finally, it seems that there is a determined will to make this a reality, which means giving dynamism to a sector that gives an economic boost to states that currently do not have a developed economic engine of their own,” he added.

President-elect Andrés Manuel López Obrador, said that a central issue in his government will be the decentralization of the federal administration, thus dispersing investments throughout the country.

Miguel Ángel Lemus Mateos, vice president of Consejo Coordinador Empresarial, said that the decentralization will generate a positive real estate dynamism through the leasing of offices and construction of new buildings as well as an incentive to business tourism.

He said that in addition to the real estate issue, there will be an incentive to diversify business tourism because if previous delegations had to move to the capital of the country to address issues of a federal nature, the transfer of dependencies to various states will trigger a flow of business travelers.

María Tayde Favila Soriano of AMPI Cancún said that regardless of the decentralization, they intend to pose a meeting with the work team of the next president to address pending issues such as an amendment to Article 27 to eliminate the padlocks that currently prevent foreigners from acquiring land in coastal areas of the country.