The director of Fondo Nacional de Fomento al Turismo (Fonatur) Jiménez Pons has admitted that the financing for the real estate development of the 18 train stations for the Maya train project has been delayed for at least a year.

It was expected that the Infrastructure and Real Estate Trust (Fideicomiso de Infraestructura y Bienes Raíces of short - Fibra) would be launched at the end of this year or early next year, however, the complexity in the negotiations with the ejidatarios (agricultural users of communal land for indefinite time) affected by the project will delay it until the end of 2020 or early 2021.

The Fibra will be an instrument in which the land adjacent to the Maya Train stations will be integrated, in which private investors will build real estate and which will be provided by owners and ejidatarios, who in turn will become project partners.

Jiménez Pons explained that in order to launch the Fibra at first it is necessary to integrate the 18 trusts (the same number as train stations), but the negotiations to add the lands to them have had certain complexities.

According to estimates of the Fund, in the remainder of this year, six of the trusts could be fully formed. The rest would have to be integrated next year.

The contribution of land is related to defining the exact location of each station. However, the construction of the train route, of 1,476 kilometers, will continue advancing and the stations will be the last to be built.