Iran has a large embassy in Nicaragua and plans on building a deep water port on Nicaraguas Caribbean coast to be connected by drycanal to the Atlantic coast.
Bill Weinberg, editor of the online journal World War 4 Report and a co-founder of the National Organization for the Iraqi Freedom Struggles recently wrote a very interesting article titled: Iranian Revolutionary Guards in Nicaragua to scout "Dry Canal" project?
The report says the Venezuelan Army Corps of Engineers is now studying construction of a highway between Puerto Cabezas in the Northern Atlantic Autonomous Region (RAAN) and Rio Blanco in the central department of Matagalpa, also to be integrated into the network linking to the DryCanal.