Nicaragua canal: Will China build rival to Panama Canal?

Discussion in 'International Politics' started by amoy, Jun 11, 2013.

  1. amoy

    amoy Senior Member Senior Member

    Joined:
    Jan 17, 2010
    Messages:
    5,519
    Likes Received:
    1,544
    Nicaragua canal: Will China build rival to Panama Canal? - CSMonitor.com

    [​IMG]


     
    Lions Of Punjab and TrueSpirit1 like this.
  2.  
  3. amoy

    amoy Senior Member Senior Member

    Joined:
    Jan 17, 2010
    Messages:
    5,519
    Likes Received:
    1,544
    Nicaragua canal construction to begin in December - France - France 24
    [​IMG]


     
  4. anoop_mig25

    anoop_mig25 Senior Member Senior Member

    Joined:
    Aug 17, 2009
    Messages:
    5,195
    Likes Received:
    2,223
    Bets of luck china
     
  5. no smoking

    no smoking Senior Member Senior Member

    Joined:
    Aug 14, 2009
    Messages:
    3,172
    Likes Received:
    422
    I don't doubt if Chinese can complete this project.

    The question is: is it profitable?
     
  6. W.G.Ewald

    W.G.Ewald Defence Professionals/ DFI member of 2 Defence Professionals

    Joined:
    Sep 28, 2011
    Messages:
    14,140
    Likes Received:
    8,528
    Location:
    North Carolina, USA
    Can Chinese make a palindrome from its canal project?

     
  7. amoy

    amoy Senior Member Senior Member

    Joined:
    Jan 17, 2010
    Messages:
    5,519
    Likes Received:
    1,544
    the background of this HKND Group looks dubious. reportedly a telecom firm according to its website, not well known before, all of a sudden started to stage a 30b euro project , for which the return on investment is supposed to b slow.

    Chinese govmt denied state backing, without which the prospect of such a grandiose plan seems rough. Nicaragua even has no diplomatic ties with PRC.

    Sent from my 5910 using Tapatalk 2
     
  8. amoy

    amoy Senior Member Senior Member

    Joined:
    Jan 17, 2010
    Messages:
    5,519
    Likes Received:
    1,544
    Work on Nicaragua canal to begin in December

    [​IMG]

    Work on a huge project to rival the Panama Canal will begin in December with construction of a port on the Pacific coast of Nicaragua, an official said Monday.

    The 40 billion dollar project through Nicaragua linking the Caribbean and the Pacific has been assigned to a Chinese company, HK Nicaragua Development Co.

    More than 1,000 specialists from several countries are carrying out environmental impact and other studies, said Telemaco Talavera, a presidential adviser on the canal project.

    The firm is also carrying out a census of people and property in communities along the path of the planned waterway.
     
  9. Ray

    Ray The Chairman Defence Professionals Moderator

    Joined:
    Apr 17, 2009
    Messages:
    43,118
    Likes Received:
    23,543
    Location:
    Somewhere
    The Canal has to be wider and deeper than the Panama Canal so as to be able to take ultra large crude carriers (ULCCs) of 550,000 DWT if it is to have any import.

    Further, for military purposes, the canal should be able to take on the huge aircraft carriers that are being built.
     
  10. amoy

    amoy Senior Member Senior Member

    Joined:
    Jan 17, 2010
    Messages:
    5,519
    Likes Received:
    1,544
    Nicaragua breaks ground on historic canal project

    Comparison btwn Panama Canal and Nicaraguan Canal

    [​IMG]
     
    go_tango likes this.
  11. Redhawk

    Redhawk Regular Member

    Joined:
    Dec 11, 2014
    Messages:
    581
    Likes Received:
    255
    Location:
    Elsewhere
    At 287 km that's a hell of a long canal.
     
  12. amoy

    amoy Senior Member Senior Member

    Joined:
    Jan 17, 2010
    Messages:
    5,519
    Likes Received:
    1,544
    Iran Eyes Role in Nicaragua Canal Project

    [​IMG]Interoceanic Grand Canal is about to link the Pacific and Atlantic oceans.

    Foreign Minister Mohammad Javad Zarif says Iran is interested in a massive project to build a canal across Nicaragua which will link the Pacific and Atlantic oceans.

    Zarif visited Nicaragua on Tuesday along with representatives of Iranian companies and discussed their possible involvement in the 50-billion-dollar project which is groomed to rival the Panama pathway.

    China’s HKND group is tasked with carrying out the megaproject, with the construction about to begin at the end of this year.

    At 172 miles (278 km), Interoceanic Grand Canal is over three times the length of the 100-year-old Panama Canal, which was completed by the United States 34 years after French engineers began it.

    [​IMG]The US and its allies have tried to cast doubt on the project and question its viability.

    The new route is also deeper and wider than the Panama Canal, triggering a flurry of resentment from the US and its allies which have tried to cast doubt on the project and question its viability.

    Moreover, China's involvement would be a direct challenge to the United States, which controlled the Panama Canal until 1999.

    http://www.presstv.ir/Detail/2016/08/24/481431/Iran-Latin-America-Nicaragua-canal-Zarif
     
  13. ezsasa

    ezsasa Senior Member Senior Member

    Joined:
    Jul 12, 2014
    Messages:
    3,509
    Likes Received:
    3,044
    Location:
    Hyderabad, Andhra Pradesh, India
    Is this still going on? Last I remember , the promoter of this project suffered heavy losses in last year's Chinese stock market crash.
     
  14. IndianHawk

    IndianHawk Regular Member

    Joined:
    Sep 24, 2016
    Messages:
    612
    Likes Received:
    684
    It's too long. They could make two more tunnels parallel to Panama with that much digging :eek1:
     

Share This Page