The Nicaragua Canal

Via the BBC:  Nicaragua canal construction ‘will not begin until 2015’

The head of the canal authority, Manuel Coronel Kautz, says more time is needed to carry out feasibility studies and choose a route.

The estimated cost of the projected waterway is $40bn (£25bn).

I will believe this when I see it.

The notion of a canal across Nicaragua dates back to the mid-19th century.

FILED UNDER: Latin America, World Politics, ,
Steven L. Taylor
About Steven L. Taylor
Steven L. Taylor is a Professor of Political Science and a College of Arts and Sciences Dean. His main areas of expertise include parties, elections, and the institutional design of democracies. His most recent book is the co-authored A Different Democracy: American Government in a 31-Country Perspective. He earned his Ph.D. from the University of Texas and his BA from the University of California, Irvine. He has been blogging since 2003 (originally at the now defunct Poliblog). Follow Steven on Twitter

Comments

  1. Ron Beasley says:

    This is a real question – is there a need for a second canal?

  2. @Ron Beasley: I am not so sure–especially since they are currently expanding the Panama Canal.

  3. Andre Kenji says:

    The Second Canal would make more sense if Brazil did a better use of her ports in the North/Northeast of Country – the largest Brazilian ports are located on the South/Southeast, where the Pacific can be easily reached via the Cape of Good Hope or via the region between South America and Antarctica.

    The Americans, the Canadians, the Mexicans and Colombians can reach the Pacific via railway, it makes more sense.

  4. I first read “Manuel Coronel Kautz” as “Colonel Kurtz,” which would be a rather unfortunate name for someone working in a jungle.

  5. Ron Beasley says:

    @Steven L. Taylor: It seems like a shame to mess up a fresh water lake for a canal that isn’t needed but I agree with you that it probably isn’t going to happen.

  6. Ron Beasley says:

    @Andre Kenji: The Brazilian ports are located in the south because that is where most of the economic activity is.

  7. OzarkHillbilly says:

    @Steven L. Taylor: Panama is presently having difficulties with cost over runs. I rather doubt that this will actually stop the project, but I do wonder how long these issues will delay it.

  8. bill says:

    the chinese are supporting it for whatever reason- it’ll probably happen. one canal is good, two are better- right?!

  9. Andre Kenji says:

    @Ron Beasley: More or less. The soy that´s produced in the Midwest could be easily exported via Fortaleza, São Luis or Belém, and that could alleviate regional disparities of wealth.

    But the advantage of the Southern Ports is that they can easily reach the Pacific without any type canal.