Connect with us

Hi, what are you looking for?

Latin America

China agrees to help Nicaragua develop infrastructure, hospitals, renewable energy

Nicaragua’s Sandinista government and China signed a comprehensive agreement to develop hospitals, renewable energy, medical equipment, roads, railways, and ports, as well as the water and public health systems, all overseen by state-owned companies.

Nicaragua China agreements infrastructure

The People’s Republic of China has come to an agreement with Nicaragua’s Sandinista government to develop infrastructure projects in the Central American country.

Top Nicaraguan officials announced on February 9 that they had signed a comprehensive memorandum of understanding with representatives from Beijing.

Under the agreement, China will help Nicaragua develop hospitals, renewable energy, medical equipment, roads, railways, and ports, as well as its water system and public health sector.

China Nicaragua agreement infrastructure

All of these projects will be overseen by state-owned Chinese companies, including the China Communications Construction Company (CCCC), China CAMC Engineering (CAMCE), China State Construction Engineering (CSCEC), and Power Construction Corporation of China (PowerChina).

Numerous Nicaraguan governments institutions are participating in the projects, including the Energy and Mining Ministry (MEM), the Ministry of Health (MINSA), and the Ministry of Transportation and Infrastructure (MTI), along with the state-owned water company ENACAL.

China Nicaragua water system

A Chinese representative coming to an agreement with Nicaragua’s state-owned water company, ENACAL

This memorandum of understanding comes just weeks after Nicaragua officially joined China’s massive global infrastructure campaign, the Belt and Road Initiative, in January 2022.

In late January, Nicaragua also announced that China had agreed to help the Central American country build thousands of houses for poor and working families, bolstering the Sandinista government’s already existing public housing program.

1 Comment

1 Comment

  1. Prince Kapone

    2022-02-10 at 20:03

    Hopefully this includes the construction of a Nicaraguan canal to challenge US hegemony over the Panama canal

Leave a Reply

Your email address will not be published. Required fields are marked *

subscribe to the Geopolitical Economy Report newsletter
support Geopolitical Economy Report

Popular

Related stories

Eurasia

Donald Trump claimed he would "un-unite" Russia and China, but the US divide-and-conquer strategy promoted by Henry Kissinger is failing. Presidents Xi Jinping and...

Eurasia

Donald Trump's tariff threats and trade war are uniting much of the world against the United States. China is deepening its economic cooperation with...

Economy

Donald Trump wants to save the dominance of the US dollar as the global reserve currency, but his aggressive tariffs and trade war are...

Eurasia

The US military is preparing for war on China. It has missile systems in the Philippines aimed at major Chinese cities. Defense Secretary Pete...