A good friend and client of mine has asked for an update on the Playa del Carmen, Riviera Maya, and Cancun beach recovery update If you recall we wrote about the Beach recovery project back in  September within our Mexico Real Estate blog Today, this is the latest update that I have been able to find:

There are basically six companies that have bought into the bidding process to see which of these companies wins the nod These companies have finished their” on site” visits to the Playa del Carmen, Cozumel, and Cancun beaches Another update is that where before the quotes were to be listed in US dollars, the government has requested a quote in pesos given the Mexico exchange rate variances

The sand to be utilized for blowing up onto the beaches will be drenched from a large sand bank located on or near to the Cozumel island So, at this time, the project continues forward We are not on the same time line, but the phase of physical visits from the bidding companies has completed, and now those companies are sharpening their pencils to see which group wins the contract to begin their services.

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Thomas Lloyd, graduated from Purdue University Krannert School of Management with a degree in Management/Financial Option Investments. He has been living, investing, and working professionally in Mexico for over 15 years.  Mexico Real Estate Degree & Professional Identificacion Number S.E.P. #5978657. He is the current president of TOPmexicorealestate