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Rocky Point (Puerto Penasco): Economic Overview

Economic Overview about Rocky Point Mexico (Puerto Penasco)

-- Random Penasco photo! --

A view of the Paseo De Los Pescadores

Puerto Peñasco, Sonora and Mexico's northern areas are currently experiencing both Mexican and foreign investment ( primarily U.S. & Asian) infusion primarily in the numerous 'Tourist Zone' housing developments.

Puerto Peñasco (Rocky Point) once billing itself as 'Arizona's Secret Beach' has since been anything but a secret.

The ensuing commercialization of the Puerto Peñasco area continues by U.S. property developers and various (predominately U.S.) small business owners that are transplanting their various business ideas & styles here with varying success. Commonly, the 'restaurant, sandwich, real estate, property rental, hotel, beach rental, or gift shop' is actively attempted. Both hurdles and rewards can await foreign businesses owners after their 'jump' into business in Mexico.

Mexican & some U.S. government officials, foreign investors and resort developers are all now involved in the area's 'commercial transformation.'

Located just a 4 hours drive from the U.S. Metro areas of Phoenix-Tucson, Arizona (U.S.A.) these Mexican resorts may long term be destined for commercial growth. Access is currently by charter bus or private car via highway travel, through spectacular Arizona and Sonoran natural desert areas.

The large land tracks surrounding the Puerto Peñasco area have already been acquired by government officials/developers/investors/etc. Plans and projects in varying states call for 'self contained' resorts, and 'foreign communities' to the north & south of the actual city of Puerto Peñasco.

These 'tourist zoned' area properties are planned to be complete with their own convention centers, marinas, shopping centers, water-sewer/road systems, airports, etc. Mexico's federal government highway planners have designed a major highway route that will continue south from Puerto Peñasco along the current coastal developments and link up to the resort areas of Guaymas & San Carlos.

Referred to as a 'Golden Triangle' in Mexico's money circles it encompasses major travel and tourist routes in both Arizona and Sonora.

Although political storms rage on both sides of the U.S.-Mexico border, everyday business goes on and will continue, albeit at a slightly subdued pace, according to experts at the W. P. Carey School of Business. North of the border, much furor continues over the presence of an estimated 7.2 million Mexicans who are illegally in the U.S. workforce...

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By: Maria Isabel Hernandez