Nicaragua Fast-Tracks Chinese Company’s Canal to Compete with Panama

"The government of Nicaragua is fast-tracking a bill that would authorize a company from China to build a new canal connecting the Atlantic and Pacific Oceans. The dream of a Nicaraguan canal dates back more than a century."

"Nicaragua’s president, Daniel Ortega, argues the project would bring prosperity to one of the poorest nations on Earth. Critics say there are serious questions about the project’s feasibility and environmental impact."

William Troop reports for PRI's The World June 12, 2013.

SEE ALSO:

"Chinese Plan for Inter-Oceanic Canal Across Nicaragua Echoes British Disaster of Long Ago" (The World)

"Nicaragua Rushes on for Canal Deal With Chinese" (AP)

"Nicaragua Canal: Will China Build Rival To Panama Canal?" (Christian Science Monitor)

"Nicaragua Waterway To Dwarf Panama Canal" (Guardian)

Source: The World/PRI, 06/13/2013