Canal could make Nicaragua richest CentrAm country, official says

Canal could make Nicaragua richest CentrAm country, official says
La Paz (AFP) June 30, 2013 - A proposed waterway to rival the Panama Canal could make Nicaragua the richest country in Central America, a project official was quoted as saying Sunday. President Daniel Ortega recently approved the $40-billion undertaking, granting the concession to little-known Hong Kong-based company HK Nicaragua Canal Development Investment Co., known as HKND Group. Under the deal, the company led ... morehttp://www.terradaily.com/reports/Canal_could_make_Nicaragua_richest_CentrAm_country_official_says_999.html