Search results for: Nicaragua

183 results

A list of search results

  • 11 September 2014
    Business & Finance, Project & Tenders

    On 3 September Statoil signed a Petronic-Statoil a letter of intent with the intention to find ways to cooperate in oil and gas activities offshore Nicaragua’s Pacific coast. The consortium (Statoil and Petronic) has also sent a request to the Nicaraguan Ministry of Energy of Mines (MEM) to request start of exclusive negotiations for concession […]

  • 23 December 2014
    Business & Finance, Equipment, Technology

    Nicaraguan officials and the Hong Kong Nicaragua Canal Development Investment Company (HKND) broke ground yesterday on a $50 billion transoceanic waterway predicted to rival the Panama Canal. At the opening ceremony, Nicaragua’s Vice-President Omar Halleslevens stated that the new canal would change the history and the economy of Nicaragua, one of Latin America’s poorest countries. “With this great […]

  • 7 November 2013
    Business & Finance

    Invited and sponsored by Mr. Wang Jing, Chairman and CEO of HKND Group, a 21-member delegation from Nicaragua paid a week-long visit to China from October 19-26, 2013. The group of businessmen, academics and politicians toured Beijing, Xuzhou, Wuhan, Yichang and Hong Kong respectively for a fact-finding mission. After winding up the trip, all delegates […]

  • 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 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 […]

  • 9 March 2015

    A consortium of 21 environmental scientists from North and South America has expressed strong concern about the impact of the controversial Nicaragua Canal through a coauthored paper titled ”Scientists Raise Alarms About Fast Tracking of Transoceanic Canal Through Nicaragua.” The Hong Kong Nicaragua Canal Development Group, is building the 172-mile, USD 50 billion canal in collaboration with the Nicaraguan government, […]

  • 26 December 2014
    Business & Finance, Project & Tenders

    Government of Nicaragua, the Grand Canal Commission and HKND group jointly held the commencement ceremony for the Grand Canal of Nicaragua at the House of the People in the capital city of Managua on December 22, 2014. President of Nicaragua, Mr. Daniel Ortega and Mr. Wang Jing, Chairman and CEO of HKND Group delivered key-note speeches […]

  • 1 August 2014
    Business & Finance

    Nicaragua has opted for Dutch know-how in construction of the country’s shipping canal project, which is believed would usher a new age for shippers, especially with respect to fuel savings.   Dr. Paul Oquist, a Nicaraguan Minister and an advisor to the President for the Nicaragua Canal project, has visited Deltares, an independent Dutch institute […]

  • 2 June 2015
    Business & Finance, Project & Tenders

    The Environmental and Social Impact Assessment (ESIA) report for the Nicaragua Canal Development Project, completed by Environmental Resources Management (ERM), has been presented to the Government of Nicaragua. Xu Changbao, General Manager of HKND’s Nicaragua Office, received the ESIA report from Manuel Román (senior consultant of ERM) and handed it over to the President of the Nicaragua […]

  • 19 February 2016
    Business & Finance, Equipment, Project & Tenders, Technology

    A contract has been signed by EPN, the Nicaraguan Port Authority, and INTUR, the Nicaraguan Tourist Agency, with the Damen Shipyards Group for the delivery of a CSD350 Cutter Suction Dredger. The dredger is to be operated by EPN on a project to create and maintain a 200 km inland channel running along a section […]

  • 1 August 2014
    Business & Finance, Equipment, Technology

    Dr. Paul Oquist, a Nicaraguan minister and an advisor to the President for the Nicaragua Canal project, has visited Deltares. He heard what the Netherlands has to offer in terms of the expertise it can provide for the completion of the new Nicaragua Canal. More capacity is needed to cope with ever larger ships Nicaragua […]

  • 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, […]

  • 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 […]

  • 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 […]

  • 6 June 2013
    Business & Finance

    The National Assembly president stated yesterday that a concession to build a canal across Nicaragua will be awarded to a Chinese company. The company plans to use money from investors around the world to create the $40 billion waterway which will link the Pacific Ocean and Caribbean Sea, reports usnews.com. According to Nicaraguan President Daniel […]

  • 12 December 2012

    Nicaragua’s river-dredging machine, which was christened the “Doña Laura” in mock homage to Costa Rican President Laura Chinchilla, has been given a more diplomatically correct name at the behest of President Daniel Ortega. Edén Pastora, who is heading Nicaragua’s river-dredging operation on the Río San Juan, told TV Channel 63 news that he had named […]

  • 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 […]

  • 5 March 2015
    Business & Finance, Project & Tenders

    A consortium of environmental scientists has expressed strong concern about the impact of a controversial Central American canal across Nicaragua. The path of the Nicaragua Interoceanic Grand Canal to connect the Atlantic and Pacific oceans will cut through Lake Cocibolca (aka Lake Nicaragua), Central America’s main freshwater reservoir and the largest tropical freshwater lake of […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 15 October 2013
    Business & Finance

    On 24 September 2013, the Republic of Costa Rica filed in the Registry of the International Court of Justice (ICJ) a document entitled “Request for the Indication of New Provisional Measures” in the case concerning Certain Activities carried out by Nicaragua in the Border Area, announced icj-cij.org. Costa Rica claims that its request is prompted by […]