LORETO TO GET MILLIONS
Tourism Minister Claudia Ruiz Massieu announced that the federal government will invest 220 million pesos (nearly $20 million) in Loreto, a resort destination on the eastern coast of Baja California. Loreto, along with Cancun, Los Cabos, Ixtapa and Huatulco, in the 1980s was scheduled to become a government-financed centrally-planned integrated resort area. It long had been a favorite with sports fishermen who would arrive there aboard their own planes. First government, then private investors have attempted to spur Loreto on to success, but none have succeeded. While the area is beautiful, some observers say it is too hot in summer and too cold in winter to appeal to any large segment of vacationers. Just when the new federal funds will arrive and how they will be invested has not been mentioned.
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Jimm Budd
Reporting From Mexico City
Member of the Society of American Travel Writers
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