Long after U.S. political and economic interests determined that a transoceanic canal would be built in Panama, not Nicaragua, the Nicaraguan government still wants a waterway of its own.
“The project is going ahead”, affirmed Virgilio Silva, president of the Empresa Nacional de Puertos de Nicaragua, in a recent telephone interview.
The project is supposed to start in 2009, but first, said Silva, Nicaragua is talking with “friendly countries” about setting up the financing.
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