en.Wedoany.com Reported - The government of the Mexican state of Nuevo León announced that Monterrey Real Estate Group (Grupo Inmobiliario Monterrey, GIM) is launching three new projects in the state, with a total investment exceeding $3 billion. These projects aim to strengthen local real estate and commercial development and are expected to create over 45,000 direct and indirect jobs.

At a ceremony held in the Old Treasury Courtyard of the Government Palace, Governor Samuel García stated that the state maintains its investment leadership thanks to the joint efforts of entrepreneurs and authorities. He noted that 396 foreign investment projects have been announced within the current four-year term, creating over 400,000 jobs with investments exceeding $104 trillion.

The three projects announced include "Northern City Center (Canada City Center)," "Sultana Project," and "Sendero-Las Torres Road Complex." The "Northern City Center (Canada City Center)" involves an investment of $2.223 billion, covering 270,000 square meters, and plans to build shopping centers, offices, residences, hotels, hospitals, and green spaces. This project is expected to boost the local economy through 12,000 direct jobs.

The "Sultana Project," with an investment of $856 million, aims to strengthen San Pedro Garza García's positioning as a center for urban innovation and high-level tourism. The project includes shopping centers, an auditorium, corporate towers, hotels, and residences, and will be developed in compliance with water and energy efficiency standards.

In terms of infrastructure, the "Sendero-Las Torres Road Complex" will invest 1.6 billion pesos in constructing an interchange, benefiting over 700,000 residents. The project is expected to reduce traffic flow by 215,000 vehicles per day and save each user approximately 5,000 pesos annually in travel costs.

Monterrey Real Estate Group has over 40 years of industry experience. The announced projects are seen as a decisive boost to infrastructure, urban development, and job creation in Nuevo León. State and municipal officials, including Miguel Ángel Flores Serna, Betsabé Rocha Nieto, Andrés Mijes Llovera, and Juan Pablo Castuera Zubieta, attended the event and emphasized the importance of public-private cooperation in driving economic development.

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