.Executive Intelligence Review Online
Nicaragua's Canal:
The Maritime Silk Road Comes to the Americas
by Gretchen Small
Jan. 5—With the Dec. 22 initiation of preparatory work for the western terminus of the Great Inter-Oceanic Canal across Nicaragua, one of the largest civil works projects ever undertaken on the planet is now underway.
The construction of the new passage across the Central American isthmus, connecting the Pacific and Atlantic Oceans, is designed to accommodate the largest cargo ships today constructed; but the process of building the canal itself can go further, transforming relations between the Americas and Eurasia, long before its projected completion date of 2020.
HKND President Wang Jing, head of the private Chinese company in charge of the project, noted in his speech on Dec. 22 to the ceremonies marking the start of the project, that Nicaragua's Great Inter-Oceanic Canal has an historic role to play in the great modern Maritime Silk Road which China, and many nations with it, are now creating, to the mutual benefit of all along its route.
Plans for building a cross-Nicaraguan canal have been ``on the books'' for at least 120 years. It is not any technological advance which has now made it possible to build, but rather, the new dynamic unleashed by China's New Silk Road projects and the decision of the BRICS countries—Brazil, Russia, India, China, and South Africa—to work together to ensure the development not only of themselves, but of humanity as a whole....
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