Originally published on Avispa Midia.

By Ñaní Pinto
Translated by Scott Campbell

The Mexican government, through the Ministry of Economy, announced that the first tenders towards the creation of planned industrial zones in the Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT), in Oaxaca, will be open for bids in February. 

“We hope that each development zone will generate investments of around one billion dollars,” said Raquel Buenrostro Sánchez, Minister of Economy, who anticipated that, in addition to government investment, resources from the United States government will be forthcoming.

At the end of 2022, the former head of the CIIT, Rafael Marín Mollinedo, announced that ten plots of land were ready for the construction of industrial parks. “At the beginning of the year, they will be opened for bidding so that developers can take charge and fill them with businesses,” he said in an interview with an infrastructure industry media outlet.