Everyone loves a canal
In Central America, a government can hardly hold its head up, if it doesn’t have a plan to build canal. Panama will actually have a new canal, probably in 2015.
But Panama’s progress didn’t stop Nicaragua’s National Assembly six months ago from approving a plan to build another canal, or from the Chinese government from saying it was interested in participating in the project, even though no one yet knows where the waterway would be located, how much it would cost, or how much it could earn.
Last week, it was the turn of Guatemala, which announced its intention to build a dry canal, connecting the Caribbean and the Pacific.
The probability may be low that another country in the region, besides Panama, will proceed with a canal project.
But with so many plans, one of them may actually become reality.