AGO 0.00% 4.5¢ atlas iron limited

IO will not stay Cheap for Ever .. Epic Industrial Projects will...

  1. 1,247 Posts.
    IO will not stay Cheap for Ever .. Epic Industrial Projects will keep coming as World Population and WEALTH balloon ..adding to international Trade + Travel infrastructure NEEDS .

    The Chinese billionaire who intends to build a shipping canal through Nicaragua connecting the Atlantic and the Pacific has dismissed the project's critics.
    Speaking to the BBC in a rare broadcast interview, Wang Jing said that having Chinese companies leading the project will help ensure its success.
    Mr Wang's company HKND began initial site work in Nicaragua last December but the canal project is scheduled to begin in earnest after publication of the environmental assessment next month.


    The Nicaraguan canal will be more than three times as long as the Panama Canal to the south.
    It will also be much wider and deeper to fit the next generation of vast container ships.
    Wang Jing's company HKND estimates that the canal will cost $50bn (£34bn) and take five years to build.
 
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