The Road That Wants to Rival the Panama Canal

2026-02-16 - 13:05

Key Points — The IDB approved a $200 million loan for Paraguay’s Bioceanic Corridor — a 3,800 km highway connecting Atlantic Brazil to Pacific Chile through the Chaco, designed to capture up to 40% of cargo that currently flows through the Panama Canal. — The loan finances 102.5 km of the critical Tramo II plus