The Nicaragua Canal:Security And Economic Boom Or Bust
Abstract
Since the 1800s nations and entrepreneurs have sought a maritime route across Central America, connecting the Atlantic and Pacific Oceans, for trade purposes. Today, Nicaragua and their Chinese business partner, Hong Kong Nicaragua Canal Investment Company, intend to build a second maritime route across Central America which will be a competitor to the Panama Canal. The canal is estimated to cost US $40 billion and it is unclear who will provide the funding. Lake Nicaragua, an environmental treasure and critical fresh water supply, will become a transit route for very large ships, with all their attendant risks. But the canal will bring desperately needed infrastructure improvements, jobs and income to Nicaragua.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 2014
- Accession Number
- AD1023615
Entities
People
- Jeffery T. Laubaugh
Organizations
- Air Command and Staff College