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.

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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

Tags

Communities of Interest

  • Ground and Sea Platforms

DTIC Thesaurus Topics

  • Central America
  • Commerce
  • Environment
  • Environmental Protection
  • Geography
  • Governments
  • Infrastructure
  • National Security
  • Naval Warfare
  • Panama Canal
  • Sea Lines Of Communications
  • Security
  • South America
  • Suez Canal
  • Topography
  • Transportation Infrastructure
  • United States

Readers

  • Economics
  • International Relations, focusing on Korea-Africa and North Korea-South Korea relations, and Nigeria-Latin American Relations.
  • Maritime and Naval Warfare Studies