BBC News – Nicaragua canal construction ‘will not begin until 2015’

The construction of a canal in Nicaragua linking the Atlantic to the Pacific Ocean has been delayed by a year and will not begin until 2015.

The head of the canal authority, Manuel Coronel Kautz, says more time is needed to carry out feasibility studies and choose a route.

The estimated cost of the projected waterway is $40bn (£25bn).

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via BBC News – Nicaragua canal construction 'will not begin until 2015'.

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