Nicaragua Persists With Canal Plan

Nicaragua Persists With Canal Plan

Central America

Nicaragua has received interest from Russian private sector companies in developing a canal, Nicaraguan finance minister Alberto Guevara tells LatinFinance. “We continue with the plan of building a canal. Russia has recently presented the possibility of getting involved strategically,” says Guevara. The minister adds that interest is from private Russian companies and that the project is estimated to cost $20bn. Nicaragua has been discussing the venture for many years. The idea is to build a can

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