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Nicaragua's economy to rise with mega-projects

Monday, July 22, 2013

Nicaragua plans to develop its economy through a series of megaprojects.

These include t-he $1.1 billion Tumarín hydroelectric plant and the Supremo Sueño de Bolívar industrial complex, financed in part by Venezuela.

But the most ambitious project by far is the $40 billion inter-oceanic canal, which the Government expects will increase the country's formal employment numbers from 623,000 people to 1.9 million during construction.

Full story (in Spanish)