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Caribbean & Central America - October 2014 (ISSN 1741-4458)
NICARAGUA: Lack of consensus over ‘Gran Canal’ census
The Hong Kong-based HKND Group, which in June 2013 received the build-operate concession for the inter-oceanic ‘Gran Canal’, and the Frente Sandinista de Liberación Nacional (FSLN) government led by President Daniel Ortega are encountering local resistance to their efforts to push ahead with the canal project. Last month, protests took place against efforts by government and HKND officials to carry out a census of properties along the proposed route of the canal. These protests, which look set to continue, take place amid continued concerns elsewhere about the lack of transparency surrounding the project, the cost of which HKND recently said would be US$10bn more than originally envisaged.
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