Nicaragua's Grand Canal

Nicaragua's Grand Canal

Author: Danielle Renwick, Copy Editor | http://www.cfr.org/infrastructure/nicaraguas-grand-canal/p36468
Updated: April 24, 2015

Introduction

In December 2014, workers broke ground on the Nicaragua Grand Canal, a planned 175-mile-long canal through Nicaragua. Three times the  length of the Panama Canal, engineers say Nicaragua’s canal could eventually serve 5 percent of the world’s cargo traffic. Proponents of the canal argue that it will bring much-needed jobs and commerce to the country. However, critics charge that few details of the deal have been made public and say that the environmental and social costs of constructing the canal could be catastrophic.http://www.cfr.org/infrastructure/nicaraguas-grand-canal/p36468