The Maya Train project had outstanding debts to suppliers and employees totaling 2.47 billion pesos in September, a 298% increase, or four times more than the 620 million pesos it recorded in January of this year, according to the company’s debt and other liabilities statement obtained by El Universal.
Analysts indicate that, like other companies such as Pemex and CFE, the Maya Train’s debt is due to spending more than it earns.
The project, managed by the Ministry of National Defense (Sedena) and located on the Yucatán Peninsula, has required government subsidies since it began operations in December 2013.
Source: elinformador
