[QODLink]
Americas

Nicaragua plans canal across Central America

Planners say project will lift the second poorest country in the Western Hemisphere out of poverty.
Last Modified: 26 Dec 2012 22:54

Nicaragua has signed an agreement with a Chinese company for a $30bn canal between the Atlantic and the Pacific.

Nicaraguan President Daniel Ortega is looking for foreign investment from Brazil, China, Russia and Venezuela to help build the waterway as an alternative to the Panama Canal.

For more than 150 years, the country has looked to build a canal across Central America but has never been able to get the project off the ground.

Planners there say the project would lift Nicaragua - the second poorest country in the Western Hemisphere - out of poverty.

Al Jazeera's Adam Raney reports from San Juan del Norte, a town on Nicaragua's coast that could see big benefits.

115

Source:
Al Jazeera
Topics in this article
People
Country
City
Featured on Al Jazeera
Swathes of the British electorate continue to show discontent with all things European, including immigration.
Astronomers have captured images of primordial galaxies that helped light up the cosmos after the Big Bang.
Critics assail British photographer's portrayal of indigenous people, but he says he's highlighting their plight.
As Western stars re-release 1980s charity hit, many Africans say it's a demeaning relic that can do more harm than good.
Featured
No one convicted after 58 people gunned down in cold blood in 2009 in the country's worst political mass killing.
While hosting the World Internet Conference, China tries Tiananmen activist for leaking 'state secrets' to US website.
Once staunchly anti-immigrant, some observers say the conservative US state could lead the way in documenting migrants.
NGOs say women without formal documentation are being imprisoned after giving birth in Malaysia.
Public stripping and assault of woman and rival protests thereafter highlight Kenya's gender-relations divide.