Thursday 07 June 2012
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Nicaragua: Feasibility of Interoceanic Canal Highlighted

The construction of an interoceanic canal in Nicaragua is a viable economic, social and environmental alternative, said Vice Minister of Environment and Natural Resources, Roberto Araquistáin.

The project is now in the hands of Parliament, responsible of analyzing the bill for the creation of a canal authority and a great-national (state-own) enterprise that will seek financing for the work.

The selection of the route of the new canal will be the result of scientific, economic, social and environmental studies, he said.

According to the engineer, at least a six options will be investigated in order to find the best in all the senses, with priority in the care of natural resources because the production of water that the basins need depend on them.

Araquistáin explained that the Nicaragua canal is not intended to compete with the Panama Canal but to function as a complementary way.

It will also allow the passage of larger boats, 400 meters long, 60 meters wide and 50 meters deep, which are not allowed in the Panamanian route, not even after its enlargement.
 

 

 
 
 
 
 


 

 
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