exclusive right :
- n a right reserved exclusively by a particular person or group (especially a hereditary or official right)
News & Articles
- Business News: A Man, A Plan, A Canal
The Nicaraguan congress has granted a Chinese tycoon the exclusive right to develop a multi-billion dollar rival to the Panama Canal. The bill grants the investor 50 years of control over the potential shipping route — pending a study of its viability.
June 14, 2013 - NPR
- Panama Canal May Get a Rival
A little-known Chinese tycoon now has the exclusive right to develop a multibillion-dollar rival to the Panama Canal.
June 14, 2013 - CNBC
- Nicaragua OKs rival to Panama Canal; study begins
MANAGUA, Nicaragua (AP) — In a matter of weeks, a little-known Chinese tycoon has hired some of the world's top experts in mammoth infrastructure projects and pushed through Nicaragua's congress a bill granting him the exclusive right to develop a multibillion-dollar rival to the Panama Canal.
June 14, 2013 - Associated Press via Yahoo! News