Nicaragua’s Grand Canal Takes A Detour

783cb6c85f7baeb1a2a06d591dbf9134

TODAY NICARAGUA – 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.

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.

- payin the bills -

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.

Source: elnuevodiario.com.ni

- paying the bills -

Related Articles

Nicaragua still the country with the greatest mobility in Central America in times of pandemic

TODAY NICARAGUA - Eight months after the first case of Covid-19...

Nicaragua restores 95% electricity service

TODAY NICARAGUA - After the damages caused by Hurricane Iota a...

MOST READ

Rosario Murillo: La Heredera (The Heiress)

Rosarion Murillo, the "eternally loyal" to her husband and political partner, Daniel Ortega. In a profile by Confidencial in October 2016, before her election as...

Better Air Connectivity Between Nicaragua and the US

The private companies' association is in talks with United Airlines to promote the opening of a route that connects Nicaragua with the east coast...

Nicaragua Unveils Central America’s Largest Baseball Stadium

Nicaragua has unveiled its long-awaited baseball stadium in Managua, replacing the former baseball field built in 1948. The new structure will hold up to...

Bianca Jagger Gets Into The Nicaragua Act Again

(American Thinker)  Remember Bianca Jagger? You know, the disco queen and former rock-star's wife turned leftwing "human rights activist" who was last seen mourning...

What Are Some of Nicaragua’s Popular Food?

TODAY NICARAGUA - Nicaragua is an interesting place, with a tumultuous history and a relatively peaceful present. and even if many things can be...

Nicaragua Praised by the IMF

The IMF noted the positive evolution of all the country's economic indicators, and the drastic fall in poverty, with an increase of 33% in...

Poll Shows Declining Expectations on a Nicaraguan Canal

According to the results of the most recent survey conducted by Cid Gallup, the Nicaraguan interoceanic canal project, a concession given to the Chinese...

Let's Keep This Going!

To be updated with all the latest news and information about Nicaragua and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.