Mexico’s $7.5B Gamble to Disrupt the Panama Canal | WSJ Breaking Ground
Mexico’s $7.5 billion interoceanic corridor aims to ease a major chokehold in a global shipping mess and rival the Panama Canal. The stretch of land extends 188 miles across the Isthmus of Tehuantepec connecting the Pacific and Atlantic Oceans. But will Mexico’s revived railway be a faster or cheaper option to alternatives for shipping?
WSJ explores Mexico’s plan to grab a slice of the multi-trillion dollar global shipping industry.
Chapters:
0:00 Mexico’s plan
1:09 Strategic location
2:47 Time, money and shipping containers
6:08 Trade relationships
7:05 Local impact
Breaking Ground
Breaking Ground digs into megaprojects around the world, uncovering what these developments might mean for the surrounding region and the ultimate costs.
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