The Future Of OmetepeAlthough there have been recent attempts to revitalize the Nicaraguan economy, it may come at the expense of the environment. A Chinese entrepreneur – Wang Jing is taking part in a $50 billion dollar project that will feature a canal connecting the Atlantic Ocean to the Pacific Ocean, which 50 miles of the 173 miles would cut across the fresh water lake. This canal would open up new trade routes as seen in the pictures below. Wang Jing has full support from the Nicaraguan government to build this canal since the canal is speculated to boost Nicaragua’s economy. Nicaragua is one of the poorest counties in the world, so the government is looking to boost its GDP. Though it is safe to assume this project will have a negative affect on the natural environment, an official impact assessment has not been conducted by the Nicaraguan government to see the potential damage this track may inflict when constructed. |