Russia to build Canal in Nicaragua
The Nicaraguan government has announced that Russia is interested in supporting the construction of an inter-oceanic canal in Nicaragua to facilitate maritime trade between the Atlantic and Pacific.
Monday, September 22, 2008
The Russian support will be defined insofar as bilateral relations are developed, indicated government minister, Samuel Santos.
Russian authorities announced they must reevaluate the conditions for the construction of an inter-oceanic channel in Nicaragua.
Does this project have real and practical bases, which means we should pay attention to it?
Without disclosing details on how the feasibility study will be financed, the government has announced an agreement with the construction company China Harbour to develop a dry inter-oceanic canal.
Otto Pérez Molina said it is a private project, "in which the State of Guatemala will not invest resources, but will act as supervisor of the processes and of the use of any financial contributions as well as of environmental protection measures ."
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