Yucatan government approves trans-peninsular train, Merida – Riviera Maya

Tulum Real Estate InformationSource: MexicanBusinessWeb

Yucatan government approves trans-peninsular train, Merida – Riviera Maya

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The plan to construction and tender the Trans-peninsular Fast Train received the approval of the government of Yucatan and the Secretariat of Communications and Transport (SCT).

The rail service would include the movement of cargo at night, in addition to the transfer of passengers, said Jeanette Rosado, Executive Secretary of the project.

The official said that this project consists of a train above the average speed of 120 kilometers per hour, with an approximate distance of 336 kilometers between Merida, Yucatan, and Punta Venado, Quintana Roo, less than 30 miles from world famous Tulum Beaches in the Mayan Riviera.

The Government of Yucatan reported that SCT gave green light to the Trans-peninsular Fast Train in legal, technical and cost-benefit, which is entirely feasible from the legal, technical and financial perspective. It provides an investment of $12 billion pesos.

Therefore the SCT and the Yucatan state government agreed to go to the Investment Unit of the Secretariat of Finance and Public Credit (SHCP) for the registration of the project, so they plan that this week the first work session with the responsible officials would be held.

Once SHCP revise the draft and make corrections or amendments will register the project so that implementation could begin late this year or early 2012, said Rosado.

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