Shipping industry reveals its scepticism over '$100bn' Nicaraguan canal project
Nicaragua’s ambitious plans to build a rival to the Panama Canal are likely to cost ...
Quite aside from the financial viability of the proposed Nicaragua canal – the fact that its cost is estimated to be anything between $40bn to possibly $100bn surely doesn’t augur well for whoever has job of balancing the books – there appears to be growing opposition to the project among ordinary Nicaraguans. This long article, from Global Construction Review, charts how scientists, concerned that the enormous dredging work would release millions of tonnes of damaging sedimentation; that salt infiltration from ...
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