16 APR 2019: Mexican President Andres Manuel Lopez Obrador says the US government has offered to help finance a proposed train line for the Yucatan peninsula. Lopez Obrador said that US Secretary of Commerce Wilbur Ross conveyed a message from Donald Trump saying, “they are willing to invest and to help build the Mayan Train and other infrastructure in the southeast.”

The US has pledged $4.8 billion (CA$6.42 billion) in development aid for southern Mexico, a part of which would presumably go toward financing the train.

The $7.2 billion (CA$9.63 billion) project would connect popular 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 (CA$494 million) a year.


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