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Nicaragua Wants Russian Firms in Transoceanic Canal

Thursday 01 November 2012 | QNews Central America

President of Nicaragua, Daniel Ortega, reaffirmed today the conviction that Russian firms will take part actively in the construction of an interoceanic canal linking the Pacific and the Atlantic oceans through his country. “We are certain that firms from Russia will be involved in the great work of the canal through Nicaragua,” he said in a TV broadcast interview released here.

Ortega told Russia Today TV channel that firms from the People’s Republic of China and other nations, grouped in a firm created in Hong Kong that is already operating, are involved in the project.

He said that with the return to power of the Sandinista National Liberation Front, Nicaragua established from 2007 a longstanding relation with the Russian Federation, which has undoubtedly mean a great relief for Nicaragua because this is a cooperation that values the Nicaraguan people in all fields.

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27 March 2026 - At The Banks - Source: BCCR

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