May 12, 2024 · Mexico is embarking on an ambitious project to construct a $5 billion canal that will traverse the narrow isthmus of Tehuantepec, connecting the Gulf of Mexico to the Pacific Ocean.

Dec 24, 2024 · Mexico is constructing an Interoceanic Corridor railway to provide an alternative to the Panama Canal and ease international trade. The railway aims to alleviate the strain on the …

Sep 29, 2024 · Mexico is building the Interoceanic Corridor railway to compete with the Panama Canal and ease international trade. The new railway would aim to relieve the burden on the …

Jan 25, 2024 · With drought at the Panama Canal and conflicts in the Red Sea and other global shipping lanes disrupting trade, officials in Mexico predict a golden opportunity for the country’s $2.8 billion Isthmus of Tehuantepec’s Interoceanic Corridor (CIIT) project.

Jan 21, 2025 · More than 100 years after the construction of the engineering marvel that linked the Atlantic and Pacific oceans — and 25 years after the canal was returned to Panama by the US — the Panama ...

Jun 20, 2024 · The alternative to the Panama Canal in Mexico is the Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT). The Mexican government has committed to investing $2.85 billion in this project, which aims to rival the Panama Canal crossing.

Feb 5, 2024 · With the rail alternative built by Mexico, companies and countries will not entirely need the Panamanian canal, and will be able to opt for the Mexican overland route in certain periods.

Apr 25, 2022 · Despite everything and despite the competition of the Panamanian highway, the Interoceanic Corridor of the Isthmus of Tehuantepec is being prepared not only to be a complement to the Canal; but also to vent the maritime market and create its own that benefits some of the poorest states in Mexico.

Nov 15, 2023 · Mexico is working to divert traffic away from the Panama Canal through a new logistics corridor that connects the Atlantic and Pacific Oceans. The country put around $62 billion into the project to upgrade the railway, buy land for industrial parks, and acquire new machinery.

Oct 7, 2023 · Interestingly, the Panama Canal was the reason behind the first failure in the history of the Mexican corridor. In the early 20th century, 60 trains crossed it daily from coast to coast after the...