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Guatemala joins race to link oceans

Thursday, July 18, 2013

The Government of Guatemala announced it will buy the necessary land for its Inter-Oceanic canal project by the end of this year.

The project, valued at $10 billion, includes the construction of 372-kilometer dry canal, a seaport on each end, Pacific and Atlantic, five pipelines for gas and oil, industrial parks along the canal and a highway.

President Otto Pérez declared it a project of national interest.

Full story (in Spanish)