Search results for: Nicaragua

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A list of search results

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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, […]

  • 19 June 2015
    Business & Finance

    A group of international scientists have released their findings about a proposed trans-isthmus shipping canal in Nicaragua, raising concerns about environmental impact and lack of information. The mega project would be built by the Nicaraguan government with the Hong Kong Nicaragua Canal Development Company (HKND) and would exceed the Panama Canal in both size and […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 10 September 2012

    Nicaragua and the Hong Kong-based company have signed a memorandum of understanding (MOU) on financing for a $30 billion inter-oceanic canal. The canal will cater for larger ships than the Panama Canal and will be Central America’s second main waterway. According to theaustralian.com, this document was signed by Nicaraguan deputy foreign minister and president of […]

  • 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 […]

  • 9 September 2010

    Costa Rica will not block Nicaragua’s plans to dredge the Río San Juan despite claiming that the project is severely underbudgeted and would… By Chrissie Long (ticotimes) [mappress] Source: ticotimes, September 10, 2010;

  • 18 November 2010

    The recent border dispute between Costa Rica and Nicaragua is a sign of an ambitious plan by Venezuela, Iran and Nicaragua to create a … (bestshippingnews) [mappress] Source: bestshippingnews, November 18, 2010;

  • 10 October 2011

    Nicaragua’s president and candidate for re-election, Daniel Ortega, said on Saturday that his country will not beat the “drums of war” … (insidecostarica) [mappress] Source: insidecostarica, October 10, 2011;

  • 30 July 2012
    Business & Finance

    A Dutch consortium consisting of Royal HaskoningDHV and Ecorys has won a contract to conduct a pre-feasibility study into the construction of a canal through Nicaragua – all the way from the Gulf of Mexico to the Pacific Ocean. The canal will cater for larger ships than the Panama Canal and will be Central America’s […]

  • 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, […]

  • 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 […]