All of that could be factored into the pricing. My argument is that people asking questions like ‘does the world need a Nicaraguan canal’ are missing the point. It’s not at all about what the world needs. It’s about whether Nicaragua, and investors in this venture, can expect a reasonable rate of return in creating a competing service to the Panama one. If they can’t, I assume they won’t be able to raise the $40 bn to even start construction.
“If Coke exists and they can produce enough for everyone, why sell Pepsi?” Because the owners of Pepsi want to make money, obviously.
