Search results for: HKDN

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  • 23 December 2014
    Business & Finance

    On December 22 Nicaragua started the construction of Nicaragua Grand Canal, a 172-mile waterway to be constructed by Hong Kong-based HK Nicaragua Canal Development Investment Co Ltd (HKND Group), Reuters reports. The groundbreaking ceremony was described as symbolic, as it involved starting works on a road at the mouth of the Brito River which is […]

  • 28 August 2015
    Business & Finance

    China’s HKND Group said that a recent survey has shown that 78% of Nicaraguans support the USD 50 billion project to build a 172-mile shipping waterway cutting through this Central American country, Bloomberg reports. The company also said that it is open to the possibility of changing the planned route to avoid the small town of […]

  • 28 August 2015
    Business & Finance

    China’s HKND Group said that a recent survey has shown that 78% of Nicaraguans support the USD 50 billion project to build a 172-mile shipping waterway cutting through this Central American country, Bloomberg reports. The company also said that it is open to the possibility of changing the planned route to avoid the small town of […]

  • 10 June 2015
    Business & Finance

    Nicaragua will have to provide Costa Rica with more information on the potential environmental impact that the proposed USD 50 billion Nicaragua Grand Canal could have on the San Juan river, southern bank of which is Costa Rican territory, Reuters reported Costa Rican President Luis Guillermo Solís Rivera as saying. The project includes dredging of the Lake Nicaragua, […]

  • 26 November 2015
    Business & Finance

    The beginning of the key construction stage of the USD 50-billion Nicaragua Interoceanic Grand Canal project has been postponed until late 2016. China’s Hong Kong Nicaragua Development (HKND) said on Wednesday that “the construction of locks and the big excavations will start toward the end of 2016”, the Associated Press reports citing a company statement. As informed, […]

  • 23 September 2015
    Business & Finance

    Australia’s geological, resource and management consulting company CSA Global on Monday deployed two specialized aircraft to start the aerial survey along the proposed route of the USD 50 billion Nicaragua Grand Canal, according to the project’s main contractor HKND Group. The survey will cover the 276-kilometer canal corridor connecting the Atlantic to the Pacific and a […]

  • 23 September 2015
    Business & Finance

    Australia’s geological, resource and management consulting company CSA Global on Monday deployed two specialized aircraft to start the aerial survey along the proposed route of the USD 50 billion Nicaragua Grand Canal, according to the project’s main contractor HKND Group. The survey will cover the 276-kilometer canal corridor connecting the Atlantic to the Pacific and a […]

  • 2 June 2015
    Business & Finance

    A British consultancy Environmental Resources Management Ltd. (ERM) has delivered an eagerly anticipated social and environmental study on the impact of the proposed Nicaragua Canal, Telemaco Talavera, the spokesman of the government canal commission, was quoted as saying by UK’s The Daily Mail. Talavera did not reveal much to the local media, just saying that ERM’s study […]

  • 19 June 2015
    Business & Finance

    The recently released environmental assessment report on a proposed USD 50 billion trans-isthmus shipping canal in Nicaragua does not adequately measure the potential impacts of the project, a group of scientists led by Florida International University (FIY) said in their review of the report. The scientists have raised concerns about environmental impact of the proposed Canal and lack […]

  • 17 December 2014
    Business & Finance

    Nicaraguans once again expressed their dissatisfaction with a USD 40 billion Nicaragua Grand Canal project by staging a protest in Nicaragua’s capital of Managua, according to Inside Costarica. The protesters expressed their concern over the effect of the Canal to local freshwater resources and the environment. Work on the Nicaragua canal will start on December 22, with the […]

  • 21 November 2014
    Business & Finance

    Finally, after year and a half of waiting, date for the beginning of construction work on the Nicaragua Grand Canal project has been revealed. Work on the $50 billion worth Canal that will link the Atlantic and the Pacific is set to begin on December 22nd after feasibility studies have been approved. “We are ready […]

  • 28 July 2014
    Business & Finance, Project & Tenders

    Last week, HKND Group held six consecutive briefing seminars about the Nicaragua Canal project across the country in Managua, Rivas, Bluefields and New Guinea. The seminars were organized in collaboration with the Nicaraguan government, the Superior Council of Private Enterprises (COSEP), the American Chamber of Commerce in Nicaragua (AMCHAM), the National Recycling Forum (FONARE), the National […]

  • 2 February 2015
    Business & Finance, Project & Tenders

    HKND Group and the Ramsar Convention (Convention on Wetlands of International Importance ) recently held two meetings about the protection and preservation of the San Miguelito wetland area. The Ramsar Convention was signed in 1971 in the city of Ramsar, Iran, and entered into force on December 21, 1975. As of February 2, 2010, 159 state members […]

  • 14 July 2014
    Business & Finance, Project & Tenders

    The selected route for the Grand Canal of Nicaragua was announced at a conference held at the Hotel Intercontinental Managua on July 7, 2014. Telemaco Talavera, spokesperson for the Canal Project, chaired the conference and delivered the opening speech. He said that the Grand Canal has a very important meaning for the future of Nicaragua, […]

  • 24 July 2014
    Business & Finance, Project & Tenders

    Upon request of the Superior Council of the Private Enterprise (COSEP), a group of top managers and engineers from HKND and ERM recently made a four hour long presentation to more than 200 members of COSEP and the Nicaraguan Council of Small and Medium Enterprises (CONIMIPYME) on the Integrated Development Project of the Grand Canal of Nicaragua. […]

  • 9 April 2006

    The Cayman Islands could have been the topic of major international news Friday if things hadn

  • 8 December 2014
    Business & Finance, Project & Tenders

    Last Friday, December 5, HKND Group met with leaders of various labor unions of Nicaragua discussing the economic progress and job opportunities that the Grand Canal Project will generate for the country.  During the meeting, which was held at the the Secretariat of the Presidency, both sides agreed that the Grand Inter-oceanic Canal of Nicaragua will create more […]

  • 29 September 2016
    Business & Finance

    Pang Kwok Wai, Executive Vice President of HKND Group, and Telemaco Talavera, spokesperson of the Nicaragua Grand Canal Commission, participated in the XV Congress of Civil Engineering held in San Jose, Costa Rica earlier this month. During the event, they made a presentation of the Canal Project to experts and representatives from companies and organizations […]

  • 5 February 2015
    Business & Finance

    Mr. Bernard Li, HKND Group PR Deputy General Manager, met on February 2nd 2015, in Managua with the Delegation of the EU in Nicaragua, Costa Rica and Panama, and to the Central American Integration System, headed by Ambassador Mr. Javier Núñez Sandomingo.  Both side took the opportunity to exchange views on the Nicaragua Grand Canal Project. Mr. […]

  • 6 November 2015
    Business & Finance

    China’s HKND Group received an environmental permit for its USD 50-billion Nicaragua Interoceanic Grand Canal Project. After HKND submitted the Environmental and Social Impact Assessment (ESIA) to the Government of Nicaragua in May this year, the government approved the Assessment for the Grand Canal Project and issued the environmental permit, having determined that it would have a positive […]

  • 24 January 2014
    Business & Finance, Equipment, Technology

    HKND Group recently announced that it has engaged two leading global firms to provide specialized advice and expertise for the Nicaraguan Canal Construction Plan as the company continues its work on the technical feasibility study and route determination. Representatives of the HKND technical feasibility assessment team are visiting a number of locations throughout the country […]

  • 23 September 2015
    Business & Finance

    Australian consulting firm CSA Global has begun the aerial survey of the proposed Nicaragua Canal route, reported HKND Group in a release.  Representatives from Nicaragua Canal, Development Project Commission, HKND Group and CSA Global were present at the ceremony, held on September 21 in Managua. The survey will cover the 276km canal corridor connecting the Atlantic to the […]