Royal Caribbean Cruises (RCL) plans to review its prospects for investment in Mexico after authorities rejected a water park project on the country's Mexico's Caribbean coast over environmental concerns.

"We will re-engage stakeholders to move forward in a way that delivers shared prosperity through the development of essential environmental infrastructure, the creation of thousands of local jobs, and community programs that support the people of Mexico," the company said Wednesday in an emailed statement to MT Newswires.

Reuters reported Tuesday that the project had been vetoed by the government, citing Alicia Barcena, the country's environment minister, at a press conference.

Scheduled to open in fall 2027 in Mahahual, a beach town near a coral reef, the Perfect Day Mexico project included beach clubs, pools, bars and more than 30 waterslides, the report said.

Royan Caribbean said it was disappointed by the government's decision but respects the role of Mexico's environmental authorities. "We continue to believe in Mexico and are optimistic in the potential to advance our investment responsibly," the company said.

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