After nearly a decade, Nicaragua’s congress has finally canceled a controversial canal concession granted to a Chinese businessman that critics said endangered the environment and threatened to displace rural communities
After nearly a decade, Nicaragua's congress finally canceled on Wednesday a controversial canal concession granted to a Chinese businessman that critics said endangered the environment and threatened to displace rural communities. Despite a symbolic “groundbreaking” in 2014, no work was done on the canal that was to link Nicaragua’s Atlantic and Pacific coasts. At one point, crews broke ground on access roads near the canal but digging the waterway never started.
They were accused of promoting a “failed coup” against the government. Nicaraguan law caps prison time actually served at 30 years. The proposed $50 billion, 172-mile canal across this Central American nation was long viewed as a joke that later turned deadly serious. The canal and its potential effect on the environment became a symbol of the odd and arbitrary nature of President Daniel Ortega's increasingly repressive regime.
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