Wednesday, July 9, 2014

Nicaragua Approves Route for $40bn Waterway Linking Pacific and Atlantic Oceans

EF! has their hands full; maybe that's why we don't see them around here much anymore? Click title for link. From the article:
Nicaragua has approved the proposed route for a $40bn waterway linking the Pacific and Atlantic oceans, a landmark project that will lock horns with the 100-year-old Panama Canal when completed.
A committee of government officials, businessmen and academics has approved the 172 mile (278 km) route, from the mouth of the Brito River on the Pacific side to the Punto Gorda River on the Atlantic side.
The shipping channel could lift the Central American country out of poverty.
The proposed channel will be over three times longer than the 48-mile (77-km) Panama Canal, which is located further down south at the narrowest part of the Central American isthmus.