The Proposed Transoceanic Canal Connecting the Atlantic and Pacific Oceans Is Giving Environmentalists Fits
A private company, the Hong Kong Nicaragua Canal Development Investment Company (HKND), is building a 172-mile, $50 billion transoceanic canal connecting the Atlantic and Pacific oceans. This is in collaboration between the private Hong Kong Company and the Nicaraguan government, which granted the concession last June.
The preparation for the project has begun with the construction of roads intended to be used for the conveyance of heavy equipment and construction supplies. It will be known as the Nicaragua Interoceanic canal which will be longer, wider and deeper than the 51-mile Panama Canal. It’s going to be one of the greatest structures in the planet without a doubt.
The report quoted that according to Rice University environmental engineer Pedro Alvarez, a co-corresponding author of a paper titled “Scientists Raise Alarms About Fast Tracking of Transoceanic Canal Through Nicaragua,” said that the project’s “biggest environmental challenge is to build and operate the canal without catastrophic impacts to this sensitive ecosystem”.