President Andrés Manuel López Obrador says the U.S. government has offered to help finance a proposed train line for Mexico’s Yucatan peninsula.
López Obrador said late Saturday that U.S. Secretary of Commerce Wilbur Ross conveyed a message from President Donald Trump saying that “they are willing to invest and to help build the Mayan Train and other infrastructure in the southeast.”
The U.S. has pledged $4.8 billion in development aid to bolster southern Mexico’s economy in hopes of lessening the need for poor residents to migrate to the U.S. A part of that could presumably go toward financing the train.
The $7.2 billion project being pushed by Lopez Obrador would connect popular tourist havens like Cancun with less visited archaeological sites such as Palenque.
The president has said it would be financed over six years through public and private investment, including tourism taxes that currently net about $370 million a year.
Source: Associated Press
more recommended stories
UNAM scientists develop chemical formula to preserve corpses without refrigeration
Scientists at the National Autonomous University.
Mexico: among the Top 6 countries with the Best Healthcare in the world
Mexico’s outstanding combination of great weather,.
Enter to Win a Dream Destination Wedding in Mexico!
Grupo Vidanta, the leading resort and.
Jungle set on fire to build real estate project in Puerto Morelos, Quintana Roo
Puerto Morelos.- 12 hectares of forest.
Isla Mujeres makes the Travel+Leisure Top 5 island destinations list
The island came in third place.
AMLO’s $7.4 Billion USD Tourist Train Threatens Fragile Ecosystem (Bloomberg)
One day last December, Mexican President.
Pre Hispanic Mexico, the ultimate trip for the solo traveler
Sceptical of this kind of travel,.
Two tourists kidnapped in Cancun’s hotel zone… One has been found
CANCÚN Quintana Roo (Times Media Mexico).
Oops…! he tweeted again.
WASHINGTON D.C. (Times Media Mexico) –.
Uxmal reveals new secrets
SANTA ELENA Yucatan (EFE) – Uxmal,.