Home Feature The Financial Times calls Tren Maya “a populist president’s signature project criticized for environmental damage and soaring costs”

The Financial Times calls Tren Maya “a populist president’s signature project criticized for environmental damage and soaring costs”

by Yucatan Times
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Mexico opens $30bn military-run ‘Maya Train’ aimed at Cancún tourists Populist president’s signature project has been criticized for environmental damage and soaring costs The 1,500km Maya Train line is one of the largest infrastructure projects underway in the Americas and will run in a loop around the Yucatán peninsula and neighboring states.

Mexico opens $30bn military-run ‘Maya Train’ aimed at Cancún tourists on x (opens in a new window) Mexico opens $30bn military-run ‘Maya Train’ aimed at Cancún tourists on Facebook (opens in a new window) Mexico opens $30bn military-run ‘Maya Train’ aimed at Cancún tourists on LinkedIn (opens in a new window) Save current progress 14% Christine Murray in London

YESTERDAY 73 Print this page Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter. Mexico will on Friday open the first part of a $30bn train line, a signature project of populist President Andrés Manuel López Obrador built with limited transparency and run by the army.

The 1,500km Maya Train line is one of the largest infrastructure projects underway in the Americas and will run in a loop around the Yucatán peninsula and neighboring states. It aims to spur economic development in Mexico’s poorer south by connecting Cancún’s beach resorts with other areas but has been criticized for a lack of transparency, environmental damage, and soaring costs — the total expenditure of more than 515bn pesos ($30bn) is more than three times over the project’s initial budget.

On Friday the first part of the route will open from Campeche to Cancún, with tickets costing 1,166 pesos for a 480km, six-hour journey, a similar time to making the trip by car.

CLICK HERE TO READ THE FULL ARTICLE ON THE FINANCIAL TIMES

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