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Weekly Report - 11 June 2015 (WR-15-23)

NICARAGUA: Long awaited ‘Gran Canal’ study presented

At the start of the month, Telémaco Talavera, the spokesperson for the 16-member governmental committee for Nicaragua’s ‘Gran Canal’, announced that the UK-based consultancy firm Environmental Resources Management Ltd (ERM) had presented its environmental and social impact study (EIA) for the US$50bn project – the build-operate contract which the government led by President Daniel Ortega awarded in June 2013 to Hong Kong Nicaragua Canal Development Company (HKND).

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