by Donald Wood
Last updated: 2:52 PM ET, Wed October 17, 2018
A Mexican group of hotel, resort and real estate companies has expressed interest in investing in the construction of the Mayan Train.
According to Puerto Vallarta News, Grupo Vidanta and president Daniel Chavez Moran recently voiced during the Tourism and Social Development forum the intention of being part of the train project that will connect the states of Yucatan, Quintana Roo, Campeche, Chiapas and Tabasco.
The almost 950-mile long rail project through the Yucatan Peninsula will cost an estimated 150 billion pesos and should take around four years to complete.
"The Mayan Train is a great idea, because in a decade of operation it will double the income of foreign currency to the country," Chavez told Puerto Vallarta News. "We are interested in participating in the financing."
In addition to the interest in the Mayan Train, Grupo Vidanta is developing a theme park in Riviera Nayarit and manages hotels in Nuevo Vallarta, Riviera Maya, Los Cabos, Acapulco, Puerto Vallarta, Puerto Penasco and Mazatlan.
Grupo Vidanta also announced last week it plans to enter the cruise industry in Mexico.
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