It's hard to find anyone who believes China is actually going to build that $50 billion canal across Nicaragua
Initially the proposal for the massive canal seemed a bit ridiculous, but the project did actually get off the ground amid protests last December.
Yet it seems that not much has been done on the project since the intial work was done, according to Bloomberg reporter Michael McDonald, who spent a few days in El Tule. The village southeast of Lake Nicaragua is, according to the Nicaraguan government, one of the key points of the project.
McDonald writes that a clear sentiment dominates the population who lives in the village that is supposed to be uprooted when construction for the 173-mile canal continues: skepticism.
According to McDonald, the people who live in El Tule have not seen any workers in months. The only sign that something is being done was the sighting of Chinese engineers last year and the enlargement of a road close to a port.
Jose Mena Cortez, a rancher, told McDonald he had seen it all before, promises from politicians of public works and growth. "They always come with big plans, and they never do anything," he said.
The deal was struck between President Daniel Ortega and Chinese businessman Wang Jing, awarding him a 50-year concession to build and operate the canal in return for $10 million a year once the project is completed.
It would indubitably bring growth to one of the poorest countries in South America, but to many it is just another empty promise.
While the BBC reported the project is slated to be completed in five years, McDonald writes that many people have serious doubts about whether Ortega and his partners in China ever really planned on building the canal at all.