Nicaragua gives Chinese firm contract to build alternative to Panama Canal Project wi

[Ponce]

This to me is BIGGGGGGGG news, something that will lounch the new era of China and the only thing that could stop it would be war with the US.....go to link for map.
================================================== ==

Nicaragua gives Chinese firm contract to build alternative to Panama Canal Project will reinforce China's growing influen
ce ............. V


Nicaragua gives Chinese firm contract to build alternative to Panama Canal

Project will reinforce China's growing influence on global trade and weaken US dominance over a key shipping route

Jonathan Watts and agencies

guardian.co.uk, Thursday 6 June 2013 12.41 EDT


Nicaragua has awarded a Chinese company a 100-year concession to build an alternative to the Panama Canal, in a step that looks set to have profound geopolitical ramifications.

The president of the country's national assembly, Rene Nuñez, announced the $40bn (£26bn) project, which will reinforce Beijing's growing influence on global trade and weaken US dominance over the key shipping route between the Pacific and Atlantic oceans.

The name of the company and other details have yet to be released, but the opposition congressman Luis Callejas said the government planned to grant a 100-year lease to the Chinese operator.

The national assembly will debate two bills on the project, including an outline for an environmental impact assessment, on Friday.
...
The new route will be a higher-capacity alternative to the 99-year-old Panama Canal, which is currently being widened at the cost of $5.2bn.

Last year, the Nicaraguan government noted that the new canal should be able to allow passage for mega-container ships with a dead weight of up to 250,000 tonnes. This is more than double the size of the vessels that will be able to pass through the Panama Canal after its expansion, it said.

According to a bill submitted to congress last year, Nicaragua's canal will be 22 metres deep and 286 km (178 miles) long - bigger than Panama and Suez in all dimensions

Under the initial plans for the project, the government was expected to be the majority shareholder, with construction taking 10 years and the first ship passing through the canal within six years. It is unclear if this is still the case.

http://1newsjunkie.blogspot.com/

[Serpo]

http://www.elnuevodiario.com.ni/files/foto/1235341650_Gran%20Canal%203.jpg

[JohnQPublic]

http://www.elnuevodiario.com.ni/files/foto/1235341650_Gran%20Canal%203.jpg


Factoid:
That huge lake in Nicarauga is one of the few (if not only) fresh water lakes that has sharks.

[willie pete]

looks like they'd have to cross a mountain range, that might slow 'em down and I'm thinking if the Chinese build another canal, it'll probably collapse in a year or so

[JohnQPublic]

I think the Nicaragua route was under consideration when they built the Panama canal.

[ghost]

The canal was given to Panama and they immediately hired a Chinese company to run it.

I think it was under Clinton

[skid]

looks like they'd have to cross a mountain range, that might slow 'em down and I'm thinking if the Chinese build another canal, it'll probably collapse in a year or so

The Chinese have been building canals longer than anyone. The grand canal in China which I have seen is 1100 miles long.

[Ponce]

Ghost? you are right, they took over the two ends of the Panama canal......

Following the river would be the best way, go deeper, widder, straighten the route.

V

[Horn]

The best route is on the border where that river is, but then that would mean a shared project between Costa Rica & Nicaragua.

Never happen, In a hundred years there will be more Chinese then Nicas in Nicaragua.

[steel_ag]

so can foreigners buy real estate in Brito?

[Spectrism]

While another major threat for long term consideration, I don't think this will ever reach completion. In another 2 years the idea will seem silly.

[Ponce]

While another major threat for long term consideration, I don't think this will ever reach completion. In another 2 years the idea will seem silly.

So was sailing the seven seas or traveling faster than 60 MPH or building the Panama Canal..... nothing happens till it happens.

V

[Horn]

An alternate route through the Baja California extending clear across to the Rio Grande in Tx. was suggested by certain citizens in the U.S.,

but was flatly rejected by the U.N.'s Board on Environmental Protection as it negatively affected the migratory patterns of animals indigenous to the area.

[Spectrism]

So was sailing the seven seas or traveling faster than 60 MPH or building the Panama Canal..... nothing happens till it happens.
V

You are not following my thought pattern. I think they could do it, given enough time. But it won't be long now until we face world wars, earthquakes, roaring seas and fire from the sky.... that will wipe out one third of the ocean fleets and kill billions of people. We are no longer waiting 5 months for doom. It already started.