Project seeks to reshape country's poor economy, Nicaragua on Monday announced the start of work on shipping canal designed to rival Panama's waterway and revamp the economy of the second-poorest ...

the total length of the canal navigation at Nicaragua will be 120.53 miles, to which are to be added 66 miles in free deep water, either in river or lake, making a total length of 186.53 miles ...

President Manuel Ortega said on Saturday that the construction of a massive inter-oceanic canal in Nicaragua that could significantly alter global trade would start at the end of 2014.