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Mexico's Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT) is a $7.5 billion project aiming to rival the Panama Canal by connecting the Pacific and Atlantic Oceans through a railway system, offering an alternative trade route and boosting regional economies.
Here's a more detailed breakdown:

What it is:
The CIIT is a railway project connecting the Pacific port of Salina Cruz in Oaxaca to Coatzacoalcos on the Gulf Coast in Veracruz, spanning approximately 188 miles across the Isthmus of Tehuantepec.

Why it's being built:
Mexico is investing in this project to create an alternative to the Panama Canal, which has become a congested choke point for global shipping.

How it works:
The project involves upgrading existing railways, highways, and ports to facilitate the transfer of cargo from ships to trains and back again, enabling a faster transit across the isthmus.

Economic Impact:
The CIIT aims to stimulate economic activity in historically overlooked regions, create jobs, and attract investment, including special economic zones with tax incentives.

Strategic Significance:
The project is expected to enhance Mexico's position in global logistics and impact international trade dynamics significantly.