According to the Secretary of Economic Development of Oaxaca, this Corridor integrates four maritime ports, as well as 1,000 km of railroads, which also include the development of multimodal transportation.
Its main competitive advantages are organized in two: logistic and industrial.
1.- Logistic: includes the part of maritime, land, and rail operations for the transfer of operations,
2. - Industrial: Value is added to the 10 industrial parks that will bring high technology processes, so in the State, we are promoting education and technology transfer to access new jobs.
In the context of nearshoring, the Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT) contemplates a long-term economic strategy to promote connectivity between the Gulf of Mexico and the Pacific Ocean through railroads, highways, industrial parks, and interconnections with ports.
The CIIT's economic development plan includes the construction of 10 industrial parks to attract investment from 11 industrial vocations: electrical and electronics, semiconductors, automotive, medical devices, pharmaceuticals, agribusiness, power generation, and distribution equipment, prioritizing clean energy, machinery and equipment, information technology, metals, and petrochemicals.
Its intention is one to move 1.4 million containers per year through the CIIT. For this purpose, the federal government announced that companies that set up in these industrial parks will receive a 100% income tax reduction for three years and up to 90% in the following three years, subject to a certain number of jobs created. In addition to the exemption of Value Added Tax on domestic operations for four years.