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Weekly Report - 04 December 2014 (WR-14-48)

TRACKING TRENDS

NICARAGUA | Start date named for ‘Gran Canal’. The Frente Sandinista de Liberación Nacional (FSLN) government led by President Daniel Ortega has announced that construction on Nicaragua’s ‘Gran Canal’ project, linking the country’s Caribbean and Pacific coasts, would begin this month. The announcement regarding the project - for which the Chinese firm, HKND Group won the US$50bn build-operate concession in June 2013 - comes despite continued concerns raised by various sectors, including the Church and environmentalists.

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