Search results for: Nicaragua Grand Canal

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  • 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 […]

  • 16 February 2015
    Business & Finance

    Nicaragua’s Secretary for National Policy, Paul Oquist has submitted the project for construction of inter-oceanic Nicaragua Grand Canal, to the institutions of the European Union.   Nicaragua is seeking both financial and political support from the EU members, as it struggles to emerge from poverty and achieve economic independence. According to Oquist, the move is […]

  • 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 […]

  • 27 June 2016
    Business & Finance

    The concessionaire of the Nicaragua Grand Canal Project, HKND Group, has entered into an agreement with Friends of the San Juan River Foundation (FUNDAR), a Nicaraguan environmental NGO, for the development of the first Biodiversity Management Plans for the canal project. The deal includes the development of Riverine and Terrestrial Biodiversity Management Plans, Environmental Offset Plans […]

  • 27 June 2016
    Business & Finance, Project & Tenders

    HKND Group has entered into an agreement with Friends of the San Juan River Foundation (FUNDAR), a Nicaraguan environmental NGO, for the development of the first Biodiversity Management Plans for the Nicaragua Grand Canal Project. HKND will, in strict accordance with the recommendations made in the Environmental and Social Impact Assessment (ESIA) undertaken by the […]

  • 15 June 2015
    Business & Finance

    Among the five categories of the “2015 Latin American Projects of the Year Awards” at the 13th Latin American Infrastructure Leadership Forum, the Nicaragua Grand Interoceanic Canal was recognized by the judging panel and granted “Strategic Project of the Year Award” and “Job Creation Project of the Year Award.” Bill Wild, Chief Project Advisor of […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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 […]

  • 12 October 2015
    Business & Finance, Project & Tenders

    The Government of Nicaragua has approved the resumption of the Nicaragua Grand Canal aerial survey project. Last Friday, HKND Group announced the approval for one of the companies commissioned by CSA Global to continue with the works. The recommencement of the aerial works is for the LiDAR (Light Detection and Ranging) component of the survey along the proposed […]

  • 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 […]

  • 16 October 2015
    Business & Finance, Project & Tenders

    The Government of Nicaragua is continuing to gather info about the Nicaragua Grand Canal Environmental and Social Impact Assessment (ESIA) report. From September 24 to October 1, 2015, the government held a total of nine public consultation meetings for the ESIA report on the Nicaragua Canal. Senior officials of HKND Group elaborated to the public key findings in the […]

  • 27 July 2015
    Business & Finance

    The preparation for the main construction work on the USD 50 billion Nicaragua canal is advancing on schedule and the work will start at the end of the year as initially planned, according to local media. Spokesman for Nicaragua’s Interoceanic Grand Canal Commission, Telemaco Talavera, said the Chinese HKND Group would start the main work at Puerto Brito on the Pacific […]

  • 27 July 2015
    Business & Finance

    The preparation for the main construction work on the USD 50 billion Nicaragua canal is advancing on schedule and the work will start at the end of the year as initially planned, according to local media. Spokesman for Nicaragua’s Interoceanic Grand Canal Commission, Telemaco Talavera, said the Chinese HKND Group would start the main work at Puerto Brito on the Pacific […]

  • 10 May 2016
    Business & Finance, Project & Tenders

    Chief Project Advisor of HKND Group, Bill Wild, met in late April with the Nicaraguan Chamber of Construction (CNC) in Managua, presenting latest developments of the Nicaragua Grand Canal Project and cooperation opportunities for the local companies. Over 30 representatives from members companies including Rodrigo Pereira, the President of CNC, attended the meeting. Also present were representatives from the Chamber of […]

  • 21 December 2014
    Business & Finance

    MSC Rachele Runs Aground MSC’s containership Rachele has run aground on a sandbank in Western Scheldt (Westerschelde) estuary off Terneuzen, a city in the southwestern Netherlands, the Zeeland Veilig website reported.…Read more Ocean Star Pacific Runs Aground Panamanian-flagged Ocean Star Pacific cruise ship ran aground on Friday, December 12 in General Santos City area, off […]

  • 30 September 2015
    Business & Finance, Project & Tenders

    The first public consultation related to the Environmental and Social Impact Assessment (ESIA) report of the Nicaragua Grand Canal Project was held last Thursday, September 24th 2015 in Managua.  Over 400 people participated in the meeting, including representatives from environmental organizations, NGOs, COSEP, AmCham Nicaragua, labor unions, Rama and Kriol Territorial Government, Nicaragua Canal and Development Project Commission, […]

  • 21 November 2014

    Work on the USD 40 billion Nicaragua canal will start on December 22 and the project will have minimal environmental and social impact, officials confirmed Thursday, November 20th, the Associated Press (AP) reports. The announcement comes in the wake of conclusion of feasibility studies which are expected to be approved next month. The construction’s initial […]

  • 30 November 2014
    Business & Finance

                    Latest Video on the New Suez Canal Project Dredging works on the new Suez Canal in Egypt, an ambitious project with a deadline of only nine months, are in full swing and are going according to schedule. Atlas Provides Professionals to New Suez Canal Project A consortium consisting of […]