13-6-2013
Nicaragua's National Assembly voted to grant the Hong Kong-based (HK Nicaragua Canal Development Investment Company) a 50-year concession to study, then possibly build and run, the canal.
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14-6-2013
Nicaragua's President Daniel Ortega and Chinese businessman (Wang Jing) have signed an agreement giving his company (HK Nicaragua Canal Development Investment Company) the right to build a shipping channel across Nicaragua
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The Canal project would transform one of the region's poorest countries by bringing tens of thousands of jobs to the country and fueling an economic boom that would mimic the prosperity of nearby Panama and its U.S.-built canal.
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