In December 2014 works for the construction of the new inter-oceanic canal in Nicaragua could start, a work which costs about $ 40 billion and which is going to be completed within 5 years or so.
Officially, the new channel will be 278 km long with a maximum width of 500 meters, which will start from the town of Brito (in the Pacific Ocean) to flow into the Caribbean at Punta Gorda via Lake Nicaragua.
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