Nicaragua: Changes in Route of Grand Canal

The company HKND has announced that it is changing the original design of the work so as not to affect sensitive ecological areas, and to meet the demands of the inhabitants of Thule.

Monday, August 3, 2015

In addition to relocating an entrance of the waterway in Brito, the company HKND is also considering making other changes to avoid affecting ecological areas and populations in the area, who have spoken out against the project. One of these is avoiding going through the village of El Tule, which has hosted the largest number of demonstrations against the project.

In an interview with Elnuevodiario.com.ni, the vice president of HKND, Kwok Wai Pang explained that the company intends to address the concerns raised "... by the citizens, for example, the relocation of the canal to avoid affecting the people of the Tule and relocation of the entrance to the canal in Brito to avoid environmentally sensitive areas. HKND is confident that everyone can live in better conditions with the construction of the canal. "

With respect to the amounts of compensation to be paid for their properties to people displaced by the construction of the Grand Canal, it was reiterated that this will correspond to market prices. According to the executive, the estimated cost of construction of the Grand Canal and ancillary works remains at $50 billion, and the mystery about who the potential investors are is also being maintained.

Meanwhile, approval of the EIA by the Nicaraguan government is being awaited.



More on this topic

Grand Canal of Nicaragua: More Studies

December 2015

The concessionaire HKND has announced that it has hired BMT Asia Pacific to develop the plans for the operations of the canal and deepwater ports, and refine the operation model for the integrated Canal-Port.

While there is growing uncertainty about the financial viability of the project , the concessionaire HKND seems to be trying to dispel those doubts announcing the hiring of a specialized maritime infrastructure consulting firm to design plans for the proposed canal's operation.

Grand Canal of Nicaragua: Start of Works Postponed

November 2015

Arguing that they are improving the design of the waterway, the Chinese company HKND has announced that works will begin in late 2016.

Although December 2015 had initially been stated as the starting date of the primary works on the canal, such as excavation, the Chinese company has now announced that it will postpone these works until the end of 2016.

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. "

Grand Canal: Construction of Ancillary Works

January 2015

On December 22 the concessionaire of the Grand Canal in Nicaragua, HKND started preliminary works, including the construction of access roads to the excavation sites and other facilities.

Representatives from the Nicaraguan government and the president of the Chinese company HKND, Wang Jing, inaugurated the start of the project to build the canal, which will start, according to the concessionaire, with the ancillary works which are needed before the main work can be begin.

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