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Weeks before construction is set to begin on Nicaragua’s $50 billion canal project, a cloud of doubt still hovers over the plan’s commercial feasibility. The canal should let through giant container ships, and Very Large Crude Carriers, but is there enough demand for this water-route? By Ruth Morris The route has been mapped out and surveyors have been dispatched. But weeks before construction is set to begin on Nicaragua’s massive canal project, a question mark still hovers over the plan’s commercial feasibility. The Hong Kong Nicaragua Canal Development Investment Co Ltd, or HKND Group, won a no-bid, 50-year concession last […]
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