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AMLO says Maya Train profits will go to financing pensions

Mexico City, Mexico — President Andrés Manuel López Obrador says that profits generated by the Maya Train will be used to finance pensions. On Wednesday, López Obrador announced that money generated from the train will go toward the Institute for Security and Social Services for State Workers (ISSSTE) and the Armed Forces retiree pensions.

“It is not a company that is going to obtain private profits. For this reason, we decided to deliver these projects to a company from the National Defense Secretariat so that they take care that this public company does not pass to the private sector, that it is not privatized,” he explained.

He reiterated that the project is being built with public investment, so it will not mean additional debt or the delivery of concessions to foreign corporations as happened in previous six-year presidential terms.

He said that the federation will continue to promote the economic growth of Campeche, Chiapas, Quintana Roo, Tabasco and Yucatán through this priority project and that in addition to being an efficient means of transportation, will promote tourism by connecting the main archaeological sites of the region.

“There there are the most important archaeological regions in the world, I am convinced. They are the archaeological sites of the great Mayan culture.(…) What I have always maintained is the importance that our historical past has not been given (…) they are very deep roots,” he said adding that soon, the comprehensive tourism plan that will promote visits to museums, recreation sites and beaches will be announced.

He also said he is aiming to have at least 10 percent of Cancun visitors use the train.

“I really liked that 30 million travelers were recorded at the Cancun airport. It is a record. Imagine, 30 million. What we are looking for is that at least 10 percent use the train because we do not want growth to remain only in Cancun,” he pointed out.