Asia Finest Discussion Forum > Nicaragua Inter-Oceanic Canal

Full Version: Nicaragua Inter-Oceanic Canal

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islander

Oct 23 2006, 12:47 PM

Seems the Republic of Nicaragua is going to construct a really huge modern canal connecting the Pacific Ocean and Caribbean Sea. For over 400 yrs. ppl. have thought about building a canal there. Suppose to bring prosperity to them and to the other nations in Central America and the Caribbean. Will also bring more prosperity to Asia (mainly China) with the increase trade.

QUOTE

The mega-engineering project is expected to take more than 10 years to build but could redraw the map of world trade by opening the east coast of North America, Europe, and Brazil to large-scale sea traffic from burgeoning Pacific-rim countries including China, and South Korea.

Seems the Panamanians, which the other day voted to enlarge there canal, are not too happy with the future competition.

Above quote from following article: http://www.hindu.com/2006/10/05/stories/2006100502881100.htm

Metropolitan

Oct 23 2006, 01:27 PM

The World Needs A Transport Portal. It's about time transportation technology makes that huge jump.

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