President Daniel Ortega (left) and Chinese businessman Wang Jing hold up a concession agreement for the construction of a multibillion-dollar canal at the Casa de los Pueblos in Managua. Photo: AP

Hong Kong-based company unveils route of Nicaragua canal to rival Panama’s

Mega-canal to rival the Panama waterway will run 278km across Central American nation and cost US$40b, HK-based firm behind it reveals

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President Daniel Ortega (left) and Chinese businessman Wang Jing hold up a concession agreement for the construction of a multibillion-dollar canal at the Casa de los Pueblos in Managua. Photo: AP
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