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A Chinese company is to build a new shipping route through Central America. Nicaragua has the company a $40 billion contract to a canal across the country. It will the Atlantic and Pacific oceans. This means there will be two waterways to the two oceans. The other one is the Panama Canal, which in 1914. The new waterway in Nicaragua will be bigger and longer than the 77-km-long Panama Canal. A spokesman said much bigger ships would through Nicaragua's canal – twice the size of those that currently the Panama Canal. The name of the company that will the canal is still a secret. However, it will have a 100-year contract to the project.

The new canal will be a very important trade route. Shipping companies will time and money because it will be farther north than the Panama Canal. It will companies ten years to the project, but the first ships will it within six years. It will be 22 metres deep and 286 km long. Not all Nicaraguans happy about the canal. Congressman Carlos Langrand said: "This project all Nicaraguans, the future of Lake Nicaragua, our environmental resources, and the economy." He that the government was not honest with the people. He the "Nicaragua Dispatch" newspaper that: “We many more questions than answers about this project.”