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Nicaragua approves transoceanic canal to rival with Panama and to be built by Hong Kong company

Friday, June 14th 2013 - 08:20 UTC
Full article 3 comments

The Nicaraguan Congress has approved a proposal to have a canal built linking the Pacific and the Atlantic Oceans. A Hong Kong-based company has been granted a 50-year concession to build the waterway, which will rival the Panama Canal. Read full article

Comments

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  • Chicureo

    “Chinese company - the Hong Kong Nicaragua Canal Development Investment Co”... Oh boy, talk about corruption and mismanagement on the horizon.

    Jun 14th, 2013 - 02:20 pm - Link - Report abuse 0
  • Mr Ed

    Would Nicaraguan Commies dare to seize a Chinese-owned canal?

    One can only infer that it goes through Lake Nicaragua.

    $40,000,000,000? Well, let's treble that for starters.

    I can almost hear the roar of the lake draining into the Pacific when a lock gate breaks in some unpleasant disaster.

    Jun 14th, 2013 - 05:03 pm - Link - Report abuse 0
  • Briton

    So in fact south America will be split into 3

    .....

    Jun 14th, 2013 - 07:47 pm - Link - Report abuse 0

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