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To Be or Not To Be – The Nicaraguan Canal
June 14 2014

For over 100 years it has been Nicaragua’s dream to build a canal. In 1902 this dream was crushed when Nicaragua lost out to Panama as the preferred location for a canal through the Americas. The dream has come alive again as Nicaragua's National Assembly approved a plan to build a canal across the country.

A study has been conducted to assess the technological and economic feasibility of constructing a canal in Nicaragua, as well as the potential environmental, social, and regional implications of various routes by the British consultant company, Environmental Resources Management, considered to be one of the best and most prestigious in the world in these disciplines. 

Keith Svendsen, the head of operations for Maersk, one of the biggest companies in the world in terms of logistic transport, welcomes the canal stating that "building a Nicaragua canal seems to make good sense. The canal is projected to have room for the biggest ships, while also saving 800 kms on a journey from New York to Los Angeles. The Nicaraguan canal brings better opportunities for transport and therefore trade."

The project is already attracting the attention of tourists interested in the canal's history and construction. Digging is set for December of this year although communication about the project has been kept quiet and the final route has not yet been revealed. 

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