Daily Archives: March 1, 2009

A Man, A Plan, A Canal: Nicaragua

Before the construction of the Panama Canal, there was a vigorous lobby that argued in favor of a canal farther north, in Nicaragua.

Amazingly, this idea is back. The Nicaraguan government is backing a proposal to create a shipping route from the Atlantic coast following one of three rivers into Lake Nicaragua and then building a short canal from the lake into the Pacific. Cost estimates are at least $20 billion.

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