When Greed Wins, Zihuatanejo Loses

I don't think building will start soon
Tourism in Guererro is in reverse compared to the rest of Mexico

Which is why the fatcats are pushing for this just like they are pushing for the Puerto Balsas development and even seeking Chinese investment, because the Chinese will do business with anyone as long as they think they can get leverage on them. They seek the long-term strategy. They've been buying illegal ore from narcos in exchange for crystal meth precursors with little muss and fuss using Puerto Lázaro Cárdenas and Puerto Manzanillo.

Right now the real estate prices are devalued after years of violence and the accompanying slow-down in tourism that really began after 9/11 (although this is where public functionaries try to fool everyone by showing increased tourism numbers that don't reflect the decreased purchasing power of the poorer tourists who are replacing the more affluent tourists, but one look at all the deteriorated shopping centers in Ixtapa provides the proof) so since they already acquired the properties at deflated prices thanks to influyentismo they want to trick buyers into thinking they're getting a good deal, and it will be until the property values continue dropping from overdevelopment, but by then they and the developers will have made a bundle and moved on to the next scam.