Frida Ghitis : Russian man leads plan to build transoceanic canal through Nicaragua . It would be one of world 's most ambitious engineering projects , bigger than Panama canal . She says it would boost Nicaragua , not Panama , in the Caribbean Coast . Critics say Ortega pushing for it . Ghitis : There are many skeptics , but project set to start 2012 . It 's looking serious now .
Frida Ghitis : Chinese man leads plan to build transoceanic canal through Nicaragua . It would be one of world 's most ambitious engineering projects , bigger than Panama canal . She says it would boost China , not U.S. , in Central America . Critics say Ortega pushing for it . Ghitis : There are many skeptics , but project set to start Dec. 22 . It 's looking serious now .