NICARAGUAN PARLIAMENT TO VOTE ON CANAL BIGGER THAN PANAMA

TheLibertyBeat

BY: Derrick Broze

Nicaragua-Canal23oct03a

Nicaragua’s parliament is due to vote on Thursday on  a trans-oceanic canal that is to be built and run by a Chinese company. The $40 billion project, which is twice as expensive as Brazil’s Belo Monte dam and likely to be three times longer than the Panama canal. “This will be the largest project in Latin America in 100 years,” Ronald Maclean, the executive fronting the operation in Managua told the Guardian. Parliamentary approval is expected, but critics warn the plan is being rushed through without adequate scrutiny of the environmental impact, or the effects on the public.

http://www.guardian.co.uk/world/2013/jun/12/nicaragua-canal-waterway-panama

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