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A Chinese company is going to build a new shipping through Central America. Nicaragua has given the company a $40 billion to construct a canal across the country. It will the Atlantic and Pacific oceans. This means there will be two waterways to connect the two oceans. The one is the Panama Canal, which in 1914. The new waterway in Nicaragua will be bigger and longer than the 77-km-long Panama Canal. A spokesman said much bigger ships would through Nicaragua's canal – the size of those that use the Panama Canal. The name of the company that will build the canal is still a . However, it will have a 100-year contract to maintain the .

The new canal will be a very important route. Shipping companies will save time and because it will be north than the Panama Canal. It will take companies ten to finish the project, but the first ships will use it six years. It will be 22 metres deep and 286 km long. Not all Nicaraguans are about the canal. Congressman Carlos Langrand said: "This project all Nicaraguans, the future of Lake Nicaragua, our environmental , and the economy." He complained that the government was not being with the people. He told the "Nicaragua Dispatch" newspaper that: “We have many more than answers about this project.”

 


 
 

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