The Grand Canal Commission has approved the study presented by the Chinese company HKND, concluding that the final impact of the proposed construction of the canal will be positive for the country in social, economic and environmental terms.

Elnuevodiario.com.ni reports that "... The Canal of Nicaragua, 278 kilometers long, and with a width of between 230 meters and 520 meters, and a depth of 30 meters, will start from the Pacific coast of Brito, in southwestern Nicaragua, and go to the mouth of the river Punta Gorda, in the Caribbean, after crossing 105 kilometers of Lake Nicaragua.

The studies were submitted in June to the authorities of the Ortega government by the company HKND Group.

Source: elnuevodiario.com.ni

More on this topic

Grand Canal of Nicaragua: Project Details

November 2015

Part of the project includes a plan to build deep-water ports at both ends of the canal, with wharves and transshipment ports which can accommodate vessels of up to 200,000 dwt.

The environmental and social impact study for the construction of the Grand Canal of Nicaragua, published on the website of the Chinese concessionaire HKND, describes in detail the characteristics of the project and the impact it will have on the physical and biological resources in the area as well as its effects on economic and employment levels.

Bad News for Grand Canal of Nicaragua

October 2015

Wang Jing, the owner of the concession for the great work, may have lost 84% of his personal assets in recent stock market upheavals in China.

While there has never been complete certainty about the realization of the gigantic work which could radically change the development prospects of one of the poorest countries in the hemisphere, news of the serious economic losses suffered by its promoter Wang Jing, tip the balance of opinions on the Grand Canal to the negative side.

Grand Canal: Ancillary Works for Local Businesses

January 2015

The consortium formed by the Nicaraguan Llansa Ingenieros, NAP Ingenieros y Nicaragua Ingenieros S.A has been subcontracted by HKND for preliminary works.

Elnuevodiario.com.ni reports that "...The works which began on December 22 consist of the construction of five temporary access roads, improving two existing access roads near port Brito and the West Lock proposed for the Canal, the clearing of a strip of 50 meters along the center line of the proposed route for the Canal and auxiliary facilities. "

Environmental Studies for Grand Canal of Nicaragua

November 2013

The Government and Chinese companies responsible for analyzing the environmental viability of the project have made presentations private on the partial developments.  

Environmental Resource Management (ERM) and China Railway Construction Corporation (CRCC) submitted to the Technical Advisory Committee of the Grand Canal, and without allowing access to journalists - the progress of the environmental studies for the construction of the inter-oceanic canal.