Cancun in Manzanillo?

Colima's state governor and the head of FONATUR (the national tourist development fund) just signed papers to start development of a Mega complex in the Isla de Navidad area. To avoid the border conflict with Jalisco they conclude - "We can make a real Cancun in Manzanillo and not go through Jalisco" - which I assume means build a new highway from the airport up the beach all on the Colima side.

This plan is not only for the northern end of Colima near Playa de Cocos and Isla Navidad - but also for Playa de Oro, Santiago Bay and the southern coast of Colima. Colima currently has around 5000 tourist units and they want to compete with Cancun by building 30-40 thousand units.