Ryan
Court Jester
http://gcaptain.com/nicaragua-government-oks-40-billion-dollar-canal-projec/
MANAGUA, June 13 (Reuters) Nicaraguan lawmakers granted a 50-year concession to a Chinese company on Thursday for it to design, build and manage a shipping channel across the Central American nation that would compete with the Panama Canal.
The $40 billion proposal by HK Nicaragua Canal Development Investment Co Ltds (HKND Group) calls for linking Nicaraguas Caribbean and Pacific coasts and includes plans for two free-trade zones, a railway, an oil pipeline and airports.