Follow 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Your email address will not be published.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 *

Related stories

Economy

Political economists Radhika Desai and Michael Hudson are joined by geopolitical analyst Pepe Escobar to discuss the rapidly changing world order at a time...

Eurasia

The Pentagon admitted that a Chinese balloon that crossed into US territory in February was not spying; it was likely blown off course by...

Eurasia

Condemning Washington's "hegemonic mindset" and sanctions, China strengthened its strategic partnership with Venezuela. The oil-rich South American nation's President Nicolás Maduro took a historic...

Economy

Western sanctions are backfiring: The EU is importing Russian liquified natural gas at record levels, and China is making high-tech chips despite US export...