Since its inception in 1995, the CANAMEX Corridor has grown
to become the cornerstone for the seamless and efficient transportation of goods, services, people and information between Canada, Mexico and the United States. As the implementation of NAFTA moves toward fruition, the CANAMEX Corridor
will broaden its initiatives to harvest the benefits of increased trade, tourism and economic activity within the region. The CANAMEX Corridor provides many opportunities to build regional economic prosperity through innovating:
The CANAMEX Corridor Project is a broad reaching plan whose key objective is to create a direct trade route from Canada to Mexico. This initiative is being supported for its development and implementation by the US States en-route for this plan: Montana, Idaho Nevada, Utah, and Arizona. The CANAMEX corridor plan has been created from carefully managed studies by various organizations and agencies.
The economic benefits of the CANAMEX Corridor 26 project are wide reaching and convey deep into the economies of all those situated along the CANAMEX Corridor Route. Investment will increase over time as the ease of freight movements not only between Canadian and Mexican terminals but also provide an axial hub through which to create trading opportunities across the US, intersecting with other trading routes that have become the backbone of transportation across the whole North American Continent. Canada is equally as avid to progress the CANAMEX development with a huge trading sutrplus which will only improve with the CANAMEX Corridor. Rail freight is part of the plan together with an advanced telecommunications infrastructure.
WHY IS THE CANAMEX TRADE CORRIDOR SO IMPORTANT?
The CANAMEX Trade Corridor is a geographically designated area that has been developed and offers enhanced resources to facilitate the easy transportation of freight, movement of personnel and the delivery of services along its route. Studies have shown that there are a number of benefits to the creation of these trade routes with a surge in economic potential the primary outcome.
There are concerns that such routes will devour the available trade for nearby areas that are not serviced so well, but there are over 22 such corridors in the Northern America so there is more like a network of corridors linked by main highways and railways infrastructure that offers everyone a slice of the available economic cake. The CANAMEX Trade Corridor will service a particular need and allow areas without such access to enjoy economic promotion and a better trade and growth potential.
INCREASED EMPLOYMENT OPPORTUNITIES
Over 2 million jobs are trade-related in the 5 States which are within the project as defined so far with the Hoover Dam bypass now open since 2010, further adding to the efficiency the CANAMEX trade route offers the freight industry and traders alike.
The CANAMEX route traverses a number of popular tourist attractions including the Hoover Dam, the Grand Canyon, the Targhee National Forest and Glacier National Park. The improvements in accessibility and the increased opportunity for new tourism activities and services to be available to tourists will encourage growth in those areas. Business communities, local communities and tourism groups can use the resources that the CANAMEX route brings with it to create new themes and experiences that will create economic prosperity. More about tourism on the CANAMEX Route here.
The addition of proper telecommunications along the CANAMEX corridor will have significant benefits to those in rural areas who cannot even use a cellphone in many cases due to poor coverage. The availability of broadband communications will boost the ability of many communities to support business and restrain the drain of human resources as they gravitate toward areas with better services – usually cities. The availability of modern telecommunications can transform the ability for local businesses to thrive, particul;arly as the Internet gains momentum in these areas. The actual construction/reconstruction/improvements schemes create an initial environment of employment and financial stability which in turn generates demand for local services. This growth is anticipated to add hundreds of millions to local economies. The scheme as as whole is a $2BN investment – much of that money will be in construction wages, of which a large proportion will be locally sourced labor.
The CANAMEX Corridor was also specified by NAFTA to include a railroad systems to match the advances in highway construction and vehicles, with advanced rail systems. These are intended to take the form of larger, longer and more efficient trains, making the maximum use of technologies such as double decker trains and multiple engines that can pull immensely long trains. Recent developments in railroad technology from other regions such as Europe and Japan would be applied to both passenger and freight bearing rail transport.
There is no existing railroad connection between Phoenix and las Vegas. Traffic headed there from Phoenix must use the Arizona and California Railway and/or BNSF Railway via Barstow, CA to get an onward connection. This is largely due to the Sierra Nevada Mountains forming a difficult and expensive barrier to overcome when building a direct rail connection east-west.
PORTS IN MEXICO
The railways along the CANAMEX corridor are owned by a variety of companies whose policies for use, investment levels and technology uptake are required to be harmonized to ensure that the service is an end to end solution without bottlenecks and restrictions along its length. The intention of the Mexican authorities responsible for development in their region intend to extend the reaches of the railroad, potentially all the way to an Eastern seabord port which would be able to handle incoming freight from Asia. Although there are already such ports on the east coast of the US, they are already running at near capacity and would cause environmental problems if expanded in many cases. Development similar to that at the port of Matzalan, Mexico was envisioned.
Any Non-English documents on this Web site are translations from original text written in English. These translations are unofficial and are not binding on this state or a political subdivision of this state.
Cualquier documento sin ingles en este sitio del web son traducciones del texto original escrito en ingles. Estas traducciones no son oficiales y no son inculantes a este estado o subdivisión política de este estado.