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Business Daily

The new Panama Canal?

Jul 25, 2023
18:21
Snipd AI
Exploring the Bioceanic Highway project connecting Chile and Brazil, and its potential impact on Paraguay's business, especially the Mennonite farming community living in the new highway's path.
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Podcast summary created with Snipd AI

Quick takeaways

  • The Bioceanic Highway will provide Paraguay with easy access to both the Atlantic and Pacific Oceans, revolutionizing the country's export industry.
  • The construction of the highway presents opportunities for Mennonite communities in terms of access to services, but also raises concerns about potential changes to their traditional way of life.

Deep dives

The Bayoceanic route will integrate multiple countries and provide access to the Atlantic and Pacific Ocean

The Bayoceanic route, also known as the new highway, is a major project that aims to integrate Brazil, Argentina, Bolivia, Chile, and Paraguay. It will provide Paraguay, a landlocked country, with easy access to both the Atlantic and Pacific Oceans. This access is essential for the development and growth of Paraguay and the entire region. The construction of this multi-million dollar project is already underway, with some sections completed and benefiting businesses and communities in the region.

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