Wednesday, February 16, 2011

'Alternative Panama Canal' China and Colombia plan to create "dry rail canal"

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China and Colombia announce 'alternative Panama Canal'

BBC
 
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Colombia has announced it is negotiating with China to build an alternative to the Panama Canal.

The proposed transport route is intended to promote the flow of goods between Asia and Latin America.

The plan is to create a "dry canal" where the Pacific port of Buenaventura would be linked by rail, across Colombia, to the Atlantic Coast.

Trade between Colombia and China has increased from $10m in 1980 to more than $5bn last year.


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