Photos: Marvelous Mexico

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  1. Tempting Tulum

    The Mayan City of Tulum, Mexico is located on the Caribbean Sea coast of the state of Quintana Roo, Mexico. (Ml Sinibaldi / Corbis) Back to slideshow navigation
  2. View from Palenque

    Tourists sit atop a pyramid in Palenque, set in the foothills of the Tumbal mountains of Chiapas Mexico. (Marco Ugarte / AP) Back to slideshow navigation
  3. Blessings in Chiapas

    A tzotzil child walks in front of the church of San Cristobal de las Casas in Chiapas. (Matias Recart / AFP - Getty Images) Back to slideshow navigation
  4. Luxury in Puerto Vallarta

    The terrace on the Celestial Suite is seen at Hacienda San Angel in Puerto Vallarta. (AP) Back to slideshow navigation
  5. Ancient stories

    This photo shows details of a Maya stone, relating the coming to power of governor Sir Jupiter Humenate and dated 613 AC, found in Tonina, Ocosingo, Chiapas. (Janet Schwartz / AFP - Getty Images) Back to slideshow navigation
  6. Mexico magic

    Mexico City, the capital city of the nation of Mexico. (Diego Goldberg / Corbis) Back to slideshow navigation
  7. Musical Mexico

    A mariachi band play on a punt at the Floating Gardens of Xochimilco in Mexico City. (Danny Lehman / Corbis) Back to slideshow navigation
  8. Cool Cancun

    Cancun, Mexico is ranked as one of the top international vacation destinations. The beaches of Cancun have been completely restored following damage caused by Hurricane Wilma in 2005. Travelers will find its newly renovated resorts, restaurants, beaches and attractions better and even more accessible than ever. (Business Wire) Back to slideshow navigation
  9. Isla bonita

    The ferry landing on Isla Mujeres, Mexico. Isla Mujeres is a tiny island mere miles from the Yucatan coast, and feels a world away from Cancun's hustle and bustle. Isla Mujeres, thriving in its own tourism, manages to maintain the feeling of a small fishing village. (Anja Schlein / AP) Back to slideshow navigation
  10. Soccer and bullfights

    Estadio Azul (left), a soccer stadium; and Plaza Mexico, the world's largest bullring, in Mexico City. (Danny Lehman / Corbis) Back to slideshow navigation
  11. Azure Cortez

    People kayak in the Bahia de Loreto National Park, in the Sea of Cortez, Mexico. (Terry Prichard / AP) Back to slideshow navigation
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updated 9/29/2008 6:31:26 PM ET 2008-09-29T22:31:26

Mexico is getting another beach resort on its Pacific coast.

President Felipe Calderon says the resort will boast 7 miles of beach, a marina, golf courses, hotels and condominiums.

Calderon says it will create 78,000 jobs, attract 3 million tourists a year and generate $2.8 billion annually.

Calderon calls the development in Escuinapa, Sinaloa, the most important tourism project in 25 years.

The president said Monday that the government will provide about $500 million to build the resort. Private investment is expected to come up with nearly $7 billion.

Mexico's economy relies heavily on tourism. The country draws millions of visitors each year to beach resorts like Cancun and Puerto Vallarta.

© 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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