No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessFarmers protest planned $50 billion canal in Nicaragua

Farmers protest planned $50 billion canal in Nicaragua

MANAGUA, Nicaragua – Hundreds of farmers on Tuesday demonstrated against a new $50 billion waterway aimed at rivaling the Panama Canal, irate at plans to expropriate the land they work.

“We do not want the canal to be built. Nobody should come in here and take over our land,” said Ronald Enríquez at a march in the southern town of Potosí, where participants scuffled with police.

The mega-project through Nicaragua — which would link the Caribbean and the Pacific — has been assigned to a Chinese company, HK Nicaragua Development (HKND).

Demonstrators chanted “We do not want the Chinese here,” and “the police are on the side of the Chinese,” at the second such show of opposition in the Rivas department in less than a week.

The Great Inter-Oceanic Canal Commission, which is managing the project, said it would pay fair prices to landowners whose property is taken for public use.

Work on the 278-kilometer (172 mile) waterway is scheduled to begin late this year.

President Daniel Ortega has said the project will create enough work to help alleviate the poverty that affects more than half the population of this Central American country.

But environmentalists are worried, in particular about the effects of ship traffic on a lake that is along the path of the planned canal. Lake Cocibolca is the largest freshwater body in Central America.

Panama earns about $1 billion annually from its canal.

Recommended: Nicaragua canal survey off to rocky start marked by fear and mistrust

Trending Now

U.S. Sanctions Fuel Cuba’s Energy Meltdown – Flights Suspended

Cuba's ongoing energy shortfall has escalated into a full-scale crisis, with aviation authorities announcing a suspension of jet fuel supplies at major airports, including...

Costa Rica National Surf Circuit 2026 Begins at Playa Cocles

The national surf circuit launches its 2026 season this weekend at Playa Cocles in Talamanca, drawing over 140 competitors to the Caribbean coast. From...

La Fortuna Tops Travel + Leisure’s List as Costa Rica’s Prime Wellness Spot

For those who haven't been here before, La Fortuna sits in the northern part of the country, near Arenal Volcano. The area draws visitors...

Netflix Raises Subscription Prices in Costa Rica

Netflix is increasing subscription prices in Costa Rica beginning March 7, raising monthly costs across all plans available here, according to a notice sent...

Costa Rica’s Dry Forest Pit Viper and Why It Shows Up in Yards

I’m leaning into being a grumpy old man here, but when I was a kid and I got in trouble my punishment was that...

Shakira Ignites Fan Frenzy in El Salvador with Sold-Out Concert Series

Colombian singer Shakira has fans in El Salvador buzzing with anticipation as she prepares for a series of concerts in San Salvador. The superstar's...
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica