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HK Nicaragua Canal Development Investment Co. Ltd.

Company Detail

Description

HK Nicaragua Canal Development Investment Co. Ltd. (HKND Group) is a Hong Kong- based infrastructure development firm with offices in Managua, Nicaragua. In association with the government of Nicaragua, the group is focused on the design, construction, and future operation and maintenance of the Nicaragua Canal and Development Project –a major infrastructure project consisting of an artificial waterway that will go across Nicaragua connecting the Atlantic and the Pacific oceans, with capacity to accommodate Super Post Panamax vessels up to about 23,000TEU. The project will include the canal, two ports, a free trade zone, resorts, an airport and several roads, and also support facilities, such as a power station and cement factory, among others. HKND Group is owned by Chinese billionaire Wang Jing.

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