Germans set the record straight: in order to consider investing in the development of the Grand Canal of Nicaragua, much more information is needed than is currently available.
An article on Elnuevodiario.com.ni reports that "...
The project is to be presented to businessmen and investors in London in order to strengthen trade relations with Britain.
With the purpose of presenting the interoceanic canal project to British businessmen and promote Nicaragua to various companies, Paul Oquist, Secretary of Public Policy of the presidency, will be presenting the Nicaragua canal project in London over for four days from Monday, explained Chris Cambpell, UK ambassador to Nicaragua.
A year after obtaining the concession, the Chinese telecom company has started importing the equipment necessary for the provision of services for fixed and mobile telephones and internet.
An article in Elmundo.com.sv reports that "The government of Nicaragua expects that Xinwei will invest $700 million in 2013, just in setting itself up as a company, said Orlando Castillo, CEO of Telcor, who stated that the total investment will culminate at the end of 2015."
At a conference organized by AMCHAM in Nicaragua personnel from the company HKND admitted to still not having data on the feasibility of the project.
Ronald McLean, spokesman for the company Wang Jing, and a specialist from the Environmental Resources Management (ERM), Alberto Vega, had no answer for the vast majority of the questions on the Grand Canal of Nicaragua project, raised by businessmen present at the conference.
AmCham Nicaragua has announced that representatives of the company HKND, concessionaire of the project, will hold a conference on August 13.
The activity, organized by the Nicaraguan American Chamber of Commerce (AmCham), will include the participation of HKND Group spokesman Ronald MacLean-Abaroa and Alberto Vega, a representative from Environmental Resources Management (ERN), the firm responsible for the environmental impact studies.
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