A long talked about alternative to the Panama Canal moved one step closer this week, reports analysts for IHS Global Insights.
The Nicaraguan government proposed legislation that will give a 50-year concession for the construction and operation of a new canal connecting the Atlantic and Pacific oceans to a Chinese operator.
Should the Chinese operator succeed in raising sufficient finance to develop the project, it will profoundly alter operational conditions in Nicaragua, shape global trade pattern, and shift regional relations.
Of several proposed alternatives to the Panama Canal, this proposal seems the most likely yet to get off the ground, partly because of the Nicaraguan government’s dominance of the domestic scenario, partly because of the clear long-term commercial benefits for a plethora of different actors.
SC
MR
Latest Supply Chain News
Latest Resources
Explore
Latest Supply Chain News
- AI-powered supply chains require work redesign, not just process automation
- Look who’s calling (from Mexico): Gang members deported from the U.S.
- Why procurement pricing breaks in cloud ERP migrations
- NextGen 2026 Keynotes announced
- How Do You Really Do It?: Get ROI from digital transformation
- How industrial real estate decisions are shaping supply chain performance
- More latest news
Latest Resources
About the Author
Patrick Burnson, Executive Editor
Patrick is a widely-published writer and editor specializing in international trade, global logistics, and supply chain management. He is based in San Francisco, where he provides a Pacific Rim perspective on industry trends and forecasts. He may be reached at his downtown office: [email protected].
Follow SCMR on social media.
@SupplyChainManagementReview on Facebook
@SCMR on Twitter
SCMR on Linkedin
Subscribe
Supply Chain Management Review delivers the best industry content.
Editors’ Picks
