The company of Mexican businessman, Alfonso Romo, has beaten more than 20 other companies to win the contract to build a new highway bridge in Tulum on the Riviera Maya, said Mexican newspaper, El Semanario, last week.

The bridge forms another part of the major infrastructure investment taking place in the area, along with the new Riviera Maya international airport and fast coastal highway routes.

The paper said that Romo’s company Proyectos y Desarrollos de Infraestructura, the construction arm of Grupo PDI, won the contract for around $11.1 million.

Romo was previously in the Forbe’s “Rich List” and has owned companies Cigarrera La Moderna (now BAT México), Seguros Comercial América (now AXA insurance) and Seminis (now part of Monsanto).

Work will start on the bridge next week and will take until the end of 2010 to complete.

Since Tulum became an independent municipality last year and new infrastructure projects have been confirmed, land prices have already risen rapidly. The stars are aligning for Tulum real estate.

With hundreds of cheap travel deals to Mexico at the moment, now is a great time to visit and to invest.

Article from RE/MAX Investment Properties, experts in Tulum real estate. For more information email info [at] investmentpropertiesmexico.com or call Mexico (984) 802-8336 or USA (561) 459-2061.