Financial shortfalls, infrastructure failures, and severe operational setbacks continue to plague Mexico’s Interoceanic Railway, leaving the state-funded project reliant on the federal government for 97% of its operating expenses.
Originally envisioned as a modern commercial land bridge to compete with the Panama Canal, the railway, administered by the Ministry of the Navy (SEMAR) through the state enterprise Ferrocarril del Istmo de Tehuantepec (FIT), generates only 3% of its operational funds through commercial revenues.
According to records from the Ministry of Finance and Public Credit (SHCP) and the federal expenditure budget, total construction costs climbed to MX$62 billion (US$3.05 billion). The final figure tripled the initial rehabilitation projections of MX$20 billion (US$1.18 billion).
Rehabilitation work began in 2020 with an initial investment of MX$3.195 billion…
