The 100-year-old railway Mexico hopes will rival the Panama Canal | The Week
The Panama Canal has powered global trade for over a hundred years. There's no better way to transport goods from the Atlantic Ocean to the Pacific — but maybe, that's about to change. Mexico is about to open a new project: the Interoceanic Corridor of the Isthmus of Tehuantepec. Seems like just the thing for the giant container ships, but no help to the US Navy for shifting ships. But what is this thing? And will it replace the Panama Canal? We'll still need it for the Navy. Mexico and Canada are attempting to tie this rail line into a continenal rail network running up through Texas and the center of the 3 countries, bypassing ports on the east and west coasts. EL CIIT The Corredor Interoceánico- Istmo de Tehuantepec (CIIT) has been a subject of ongoing development and investment in Mexico : Total Cost: Official estimates: As of October 30, 2023, Mexican authorities stated that the government had invested "a little over 70 billion pesos" on the Corridor...