Isthmus will compete with Panama Canal
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A US$153 million investment seeks to spur economic development in the Isthmus of Tehuantepec interoceanic corridor through a comprehensive project that will connect the Gulf of Mexico to the Pacific Ocean and rival the Panama Canal. The announcement was made by the governor of Oaxaca, who explained that the project includes the construction of a direct highway route between the port cities of Salina Cruz in Oaxaca and Coatzacoalcos in Veracruz. Alejandro Murat Hinojosa said the US$35 million highway will reduce travel time between the two ports from the current four hours.