AMLO announces 1.1 billion pesos for trans-isthmus train project

Improving train service across Oaxaca’s Isthmus of Tehuantepec has been announced a few times in recent years but nothing much has ever come of them beyond the actual reactivation of the route earlier this year.

Today there was another announcement.

President-elect Andrés Manuel López Obrador, on a tour of the region today, pledged an investment of 1.1 billion pesos (US $58.55 million) next year in the trans-isthmus train project.

Speaking in Juchitán, where he was met by residents unhappy about the aid provided for earthquake reconstruction, López Obrador said the existing train moves at a turtle’s pace due to the poor condition of the track and curves in the mountains.

The new train will not only be faster but at some point in the future will provide a passenger service as well as freight, he said.

The route, between Salina Cruz, Oaxaca, on the Pacific coast and Coatzacoalcos, Veracruz, on the Gulf of Mexico, has frequently been described as a potential rival to the Panama Canal because of the freight it might carry from coast to coast.

Source: El Financiero (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
Skyscrapers along Paseo de la Reforma in Mexico City.

Mexico’s 2026 growth outlook improves in Banxico and Citi surveys

0
Median forecasts rise in surveys by Banxico and Citi, with 2027 growth seen near 1.9% and year-end inflation just under 4%.
Ex-INE president Guadalupe Taddei

Finance Ministry blocks accounts of former electoral institute chief and associates

0
National Electoral Institute ex-President Guadalupe Taddei is reportedly among 25 people added to the Blocked Persons List, days after Taddei's sudden resignation.
A group of migrants prepares to cross the Rio Grande into the U.S. from Piedras Negras, Coahuila, in December 2023.

Mexico in Numbers: How many people are emigrating from Mexico?

0
While 1.2 million foreign-born residents live in Mexico, even more people are emigrating to other countries. How many people are leaving, and what states have the most emigrants?
BETA Version - Powered by Perplexity