Plus, the canal route lies in the middle of a hurricane belt, says Robert Stallard, a research hydrologist with the U.S. Geological Survey and the Smithsonian Tropical Research Institute. In 2013 Nicaragua’s parliament granted Hong Kong-based company HKND licence to build and operate the 276-km canal across the country. “You’re likely going to be looking at hurricanes vastly more powerful than anything that ever hit Panama, and ever will,” Stallard says.

And that doesn’t include Lake Nicaragua, a beloved 3,191-square-mile inland reservoir that provides most Nicaraguans with drinking water. Smithsonian Magazine By A Nicaraguan congressional committee has approved giving a China-based consortium the concession to build and operate a canal between the Pacific and Caribbean, fast-tracking the huge development project despite objections from the opposition.The infrastructure committee president, Jenny Martínez, said the bill had immediately been sent to the National Assembly, which is expected to approve it on Thursday. "It's a very serious company, very responsible and recognised," he said. The legislation says the government may expropriate any property or rights over property needed to develop the canal.José Aguerri, president of an association of the chambers of commerce in Nicaragua, said it was crucial for the government to specify the canal's route.
"We have told the committee that until you define the path that the canal will have, it will be difficult to attract investment to the area because there is no legal certainty," he said after a meeting with committee members.Aguerri said politicians also should consult civic groups and organisations working with the environment before approving the project.Panama, which has a steady income flow from its canal, deliberated before embarking on a seven-year, $5.2bn expansion to allow bigger ships to use its waterway. Others have questioned the plan's viability just a few hundred miles north-west of the "Since there is no defined path, we can't measure the degree of seriousness of this project," the opposition member Javier Vallejos said.

The vessels are too big to pass through the Panama Canal (even after a $5 billion expansion is completed) or to dock in any U.S. port.The new canal and its infrastructure, from roads to pipelines to power plants, will destroy or alter nearly one million acres of rainforest and wetlands. "This is a great project that has the potential to transform international trade and bring significant economic and social benefits to Nicaragua, their neighbours and Latin America," the company spokesman, Ronald Maclean-Abaroa, said on the group's website.Under the deal, the Chinese company would pay Nicaragua $10m annually during the first decade, followed by a share of canal revenues that would begin at 1% and rise to an unspecified percentage over the duration of the concession.After completing the concession, the Chinese company would have to turn over to Nicaragua all buildings and other canal infrastructure. When construction crews begin digging a new canal this month across Nicaragua, connecting the Pacific and Atlantic, it’ll be a boon to global shipping and, the government says, to the economy of the second-poorest nation in the Americas. Field notebooks of surveys, 1898-1901, including some initiated by the Nicaragua Canal Commission, 1898-99. Other potential environmental threats include flooding, storm surge, fires, hurricanes, and landslides. Nicaragua's trans-oceanic canal survey leaves residents fearful of losing homes.
But activists, scientists and others are increasingly alarmed by the environmental impact of a 173-mile artificial waterway—wider, deeper and three and a half times the length of the Panama Canal.Developed by Wang Jing, an enigmatic Chinese industrialist with ties to China’s ruling party, the Grand Nicaragua Canal will cost an estimated $40 billion and take five years to build. The canal cuts through the lake, and critics say ship traffic will pollute the water with industrial chemicals and introduce destructive invasive plants and animals.Plus, the canal route lies in the middle of a hurricane belt, says Robert Stallard, a research hydrologist with the U.S. Geological Survey and the Smithsonian Tropical Research Institute.

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