The Transisthmic Corridor Project Director Rafael Marín Mollinedo said this week that the corridor will begin transporting goods as soon as April 2023, adding that by December of the same year, the corridor will link to the Mayan Train with a route from Coatzacoalcos to Palenque.
The railway of Isthmus of Tehuantepec (FIT) is 80 percent completed, Marín told El Economista. He also highlighted that the project has raised over US$5 billion in public investment and over US$50 billion of private resources for the industrial corridor and industrial parks. Marín added that workers at the project had already overseen the land they required to build industrial parks across the area, and would bid on them by January 2023 at the latest. "That is where private investment is going to come in. We have a reserve of 3,100 hectares of land for companies that intend to come and establish themselves in the corridor,” he said.
The Maya Train is “the world’s most important railway project today. We will complete the 1,550 kilometers in December 2023,” wrote President Andrés Manuel López Obrador on his Twitter account on Oct. 16, 2022.
Marín added that since the train will be electric, the shipments of goods will not only be sustainable but also more efficient and cheaper. “Everything we are doing in this platform, which is the remodeling of the train, the ports, the road, the fiber optics and the gas pipelines, is being done through public investment in order to allow for cheaper shipments,” said Marín.
The Transisthmic Corridor is one of the key projects of López Obrador’s administration, alongside the Felipe Angeles International Airport (AIFA), Dos Bocas Refinery and the Mayan Train. Experts agree that the corridor could become one of the most efficient, cheap and important exchange channels of the world as it will connect the port of Salinas Cruz in Oaxaca with the Coatzacoalcos, in Veracruz through a 303 kilometer strip of land, said Eduardo Romero Fong, Coordinator for the Development and Strategy of the Industrial Productive Sector and Welfare, as reported by Forbes.
“The project will provide a decisive boost to the development of the Isthmus, the Mexican southeast and the country’s economy as general, since it will have the capacity to transport 1.4 million containers annually, end-to-end in less than six hours, cheaper and faster than the Panama Canal,” said Eduardo Romero.