Government Shuts Down Dragon Mart Cancun Project on Environmental Concerns Agencia EFE
go to original January 27, 2015

The Dragon Mart, a trade mart being built in the southeastern Mexican state of Quintana Roo with Chinese investment, has been ordered to shut down due to environmental damage caused by the project, federal environmental officials said Monday.

The project, located in the El Tucan district of the city of Benito Juarez, was ordered to close down following a visit by federal environmental inspectors who determined that developers had failed to comply with orders recently issued by officials, the director of the Profepa environmental protection agency, Guillermo Haro, said in a press conference.

Developer Real Estate Dragon Mart was building the trade mart in a jungle area that is home to wildlife and a coastal ecosystem that are "all protected" by environmental laws, Haro said.

...Real Estate Dragon Mart is 45 percent owned by Carlos Castillo, with Monterrey Cancun Mart holding a 45 percent interest and Chinamex Middle Investment & Trade Promotion Center owning a 10 percent stake.

Read the rest at GlobalPost

Photo: Profepa

It’s a big dream: A massive complex near the resort of Cancun that would be the largest trading center for Chinese products in the Western Hemisphere. (Maickol Tamayo)

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