Financing tourism development in Mexico

Access to finance is one of the key underlying conditions required if tourism in Mexico is to deliver on its economic potential and provide skilled jobs, increase productivity and contribute to inclusive growth. Opportunities exist to better target financing to viable tourism projects of all scales and mobilise private sector funds to support more diversified model of tourism development. This chapter provides a systematic analysis of tourism-related investment and financing policies, and outlines the current framework conditions and main public actors influencing financing in the sector. It examines the effectiveness of existing mechanisms in mobilising private investment for large scale infrastructure projects, and in improving access to financing for small and microenterprises in particular.