Tuesday 23 December 2014

Nicaragua Begins Construction on New 173-Mile Transoceanic Canal

Nicaragua Begins Construction on New 173-Mile Transoceanic Canal


Work begins today on the $50 billion Nicaragua Canal after the Nicaraguan government and the Chinese investment firm, HKND, held a groundbreaking ceremony on Monday. The ceremony was held away from the construction in Managua, Nicaragua’s capital, amid protests against the canal.

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