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'Digging for truth' on the Nicaragua Canal

Nicaragua Canal Protest

Several thousand protesters, shouting ”We don’t want the Chinese”, protested in Managua, the capital, despite police efforts to keep them in their villages, activists say. Boatmen in Punta Gorda on the Caribbean coast have refused to ferry heavy machinery to be used to begin construction, fearing their livelihoods will be harmed.

From an article subtitled ‘Chinese construction is due to start—but of what?’ in this week’s Economist:

On December 22nd an odd couple — Nicaragua’s left-wing government and a Chinese-born telecoms magnate — say they will begin the realisation of a dream that has captivated Nicaraguans for generations: the construction of an inter-oceanic canal to rival Panama’s. According to Manuel Coronel, an octogenarian who runs the canal authority, their intentions are now beyond dispute. “When the bride and groom set a date, you know it’s serious,” he says.

But ask Mr Coronel just where construction will begin and who will pay for it, and he has no answers. Neither does HKND, the Hong Kong-based company run by Wang Jing, which is to build the $50 billion waterway. The project has been shrouded in secrecy since Nicaragua’s National Assembly awarded a 50-year concession to HKND in 2013. No feasibility study, environmental-impact report, business case or financing plan has yet been released. Instead come platitudes from the Sandinista government of Daniel Ortega about how it will bring a jobs bonanza and end poverty.

So far, it has brought as much fear as hope. Since Chinese-speaking surveyors, backed by Nicaraguan soldiers and police, began assessing land and houses along the canal’s proposed 278km (172-mile) route a few months ago, peasants fearful of their land being expropriated have taken to the streets 16 times.

Read the rest at this Economist link

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