Cozumel, Q.R. — Cozumel Mayor José Luis Chacón Méndez says the CFE submarine cable project set to begin in March is already triggering investments. He made the comment after participating in the recent International Tourism Fair in Madrid.

He said there, the Federal Electricity Commission (CFE) project to increase island power generated confidence among entrepreneurs and investors, one of which was a hotel chain.
According to Chacón Méndez, the Comisión Federal de Electricidad (CFE), which involves the installation of new submarine cables to the island from the Playa del Carmen mainland, will quadruple Cozumel’s electric supply.
Chacón Méndez says the installation of the submarine cable will expand the energy capacity from 40,000 to 120,000 KVA, something that will provide confidence to those who want to invest in Cozumel.
He says the power increase will ensure a stable and sufficient supply to meet the island’s growing electricity demand, avoiding blackouts and voltage fluctuations.
“If a company wants to come and build a 100-room hotel, it needs the approval of the CFE, and Cozumel does not currently have the capacity to accommodate a hotel load of that size, something that will be resolved with the submarine cabling,” he said.
Chacón Méndez reported that while in Madrid, he met with executives of the Barceló group who expressed interest in investing in Cozumel to expand their hotel offering. He said the company is interested in building a new hotel on the south side of the island where they already have a plot of land.

“Having a new hotel in Cozumel would be extremely attractive, but much of it depends on the infrastructure,” said the mayor.
He also said that federal investment through Conagua for the San Miguelito sanitation plant is an important issue that will help offer better services on the island. In December, Governor Mara Lezama announced approximately 100 million pesos will be invested in upgrades for the San Miguelito treatment plant.