Rival to Panama Canal planned.(NICARAGUA)(Brief article)

Caribbean Update | November 1, 2006 | Copyright

RIVAL TO PANAMA CANAL PLANNED. President Enrique Bolanos unveiled plans to build a rival to the Panama Canal at a cost of US$18 billion in order to allow larger ships to traverse the Atlantic and Pacific oceans, reports The N.Y. Times (Oct. 3, 2006). The public-private partnership, disclosed at a meeting in Managua of defense ministers ...

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