Tuesday 28 June 2022

Nicaragua’s Inter-Ocean Canal’s Complementary Studies Make Progress

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28 June 2022 - At The Banks - BCCR

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(Q24N) Essential complementary studies to begin construction works at Nicaragua’s Inter-Ocean Canal make progress today, according to schedule, said project spokesperson Telémaco Talavera.

We are moving on schedule as announced last year, Talavera, who is also a presidential advisor, told the press.

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Talavera referred to geological, cartographic, topographic and high definition photographic studies that include the 10km canal strip and the Cocibolca Lake perimeter.

The spokesman said they are working at full capacity, with rigorously observance of quality. Further steps will include the reference and final designs, the development of auxiliary works: roads, machinery unloading port, fuel deposit and excavations, he added.

“I can assure that the world’s top specialists are working virtually 24 hours a day”, he concluded. Experts forecast that the Inter-Oceanic Canal which will link the Atlantic and Pacific Ocean, with a trajectory of 276 km and a total cost of 50 billion dollars, will double Nicaragua’s Gross Domestic Product and generate around 250,000 jobs.

More Nicaragua news at TodayNicaragua.com

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