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Nicaragua approves long awaited Inter-Oceanic canal

Friday, June 14, 2013

The Government of Nicaragua officially approved the construction of an Inter-Oceanic canal.

President Daniel Ortega said "Nicaragua could be one of the most prosperous countries in the region in five years".

A Hong-Kong based company will be in charge of the project, which also includes two free trade zones, an airport and a dry canal.

Full story (in Spanish)