Work began on December 23, 2014, on the $50 billion Inter-Oceanic Nicaragua Canal after the Nicaraguan government and the Chinese investment firm, HKND, held a groundbreaking ceremony in Managua, Nicaragua’s capital, amid protests against the canal. The canal would go from the Pacific Ocean, through Lake Nicaragua, and across to the Atlantic and the country’s Caribbean coast. Some are calling it the world’s biggest environmental disaster in recent memory.
Others focus on how the canal would increase Nicaragua’s GDP by 11 percent annually and provide up to a million new jobs in the years following the canal’s construction, which would be a significant boon to the country, which is the second poorest in the Americas.
The Guardian posted two videos today that show these diverse viewpoints. One, “What will be the impact of Nicaragua’s transoceanic canal?” presents the awareness of environmental damage that will occur and the potential for profit. In the other, “Transoceanic canal: fears of disruption on Nicaragua’s Caribbean coast,” residents of Nicaragua’s Caribbean coast discuss the plans for the construction of the transoceanic canal that will potentially disrupt their community. They fear for the natural beauty of the landscape as well as losing their homes. Some liken the new development to the colonisation of the country centuries before. In the video (view through the link below), residents Alain Claire, Miguelina Macre Rama, and Ricardo Willis, briefly present their views.
See “Transoceanic canal: fears of disruption on Nicaragua’s Caribbean coast” at http://www.theguardian.com/world/video/2015/jan/20/carribean-coast-nicaragua-video
See “What will be the impact of Nicaragua’s transoceanic canal?” at http://www.theguardian.com/world/video/2015/jan/20/nicaragua-canal-intro-video