New Interoceanic Canal in Nicaragua may compete with Panama’s for Shipping Traffic Business
Inter-oceanic canal in Nicaragua as an alternative to the Panama canal.
Nicaragua will be initiating the construction of the their Inter-oceanic canal starting in 2014 or early 2015 and ending in in 2019, the work will be executed by HKND from china under a figure from grant and exploitation. With this Nicaragua will allow the passage of larger vessels between the Caribbean and the Pacific.