MEXICO CITY, September 10 (RIA Novosti) - Russia will provide Nicaragua with a high-tech system that will be used in the construction of an interoceanic canal through the territory of the country, as well as for monitoring volcanic activity and tsunami early warning, Secretary General of the International Civil Defense Organization Vladimir Kuvshinov said Tuesday.
"The construction of the channel is an economic matter, and I would like to emphasize that the implementation of such a serious and large-scale project in terms of engineering requires the use of modern methods and technologies to guarantee its safety," Notimerica.com quoted Kuvshinov as saying.
Construction works are due to start in December this year. The final version of its route was approved in June, the specified project cost is approximately $40 billion. The new waterway from the Atlantic Ocean to the Pacific through Central America is planned as an alternative to the existing Panama Canal, located at a distance of 600 kilometers.