Date
18 December 2017
The Dragon Mart Cancun project had come under fire from Mexican environmentalists over deforestation and water management issues.
The Dragon Mart Cancun project had come under fire from Mexican environmentalists over deforestation and water management issues.

Mexico shuts Chinese trade center project near Cancun

Mexican authorities have shut down a huge trade center development project that had been planned as a showcase for Chinese products, Associated Press reported.

The Dragon Mart project, near the resort city of Cancun, was shut down Monday after the project operator failed to comply with environmental corrective measures after being previously fined over US$1 million, the report said.

Mexico’s environmental protection agency was quoted as saying in a statement that the Dragon Mart Cancun project was “totally shuttered” as it was being put up in a delicate coastal ecosystem.

Officials said the project was posing threat to a bird conservation area and a marine reserve.

The project, which would occupy about 505 acres of land on the Yucatan Peninsula, had come under fire from environmentalists over deforestation and water management issues, the report said.

Last year, authorities fined developers the equivalent of about US$1.4 million at today’s exchange rate for harming coastal ecosystems and building roads through wetlands, and ordered them to submit to an environmental impact assessment and present a plan for ecological restoration.

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