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The development of the Nicaragua Canal was the first project for HKND. The cost of the project is estimated to be US$40bn. [8] or US$50bn. [9]The Nicaraguan government approved the Master Concession Agreement with HKND on June 13, 2013, thereby granting the company "the sole rights to the HKND Group to plan, design, construct and thereafter to operate and manage the Nicaragua Grand Canal and ...
In 1999, Nicaragua's National Assembly unanimously approved an exploration concession, Law 319, [23] for the construction of a shallow-draft waterway along the San Juan River, known as the Ecocanal. This would connect Lake Nicaragua to the Caribbean Sea, but would lack the inter-oceanic link to the Pacific Ocean.
The various routes proposed over the centuries, with the Panama Canal. The proposed HKND canal would have followed the red route. Until the beginning of the 20th century, before the opening of the Panama Canal, Nicaragua used to be the main overland trade route and hub of transshipment of goods between ocean-going vessels on the Atlantic side and those on the Pacific.
Meet the proposed Nicaragua Canal. RT reports, "Its potential final route was. Looks like the Panama Canal, long the only shipping canal connecting the Pacific and the Atlantic Oceans, might be ...
The prior escalation of real estate prices in Granada and other parts of Southwestern Nicaragua has led to a shift of investor attention toward Northern Nicaragua and the cities of Matagalpa, Leon, Corinto and the surrounding beaches of Leon and Corinto. Museums have opened, and new hotels and restaurants are proliferating at a fast rate.
The Padre Ramos Estuary Natural Reserve (Spanish: Reserva Natural Estero Padre Ramos) is located on the northwest Pacific coast of Nicaragua, in the municipality El Viejo in the department of Chinandega. It is one of 78 protected areas of Nicaragua and is managed by Ministry of the Environment and Natural Resources (MARENA). Estero Padre Ramos ...
San Juan del Sur is a municipality and coastal town on the Pacific Ocean, in the Rivas department in southwest Nicaragua. It is located 140 kilometres (87 mi) south of Managua. San Juan del Sur is popular among surfers and is a vacation spot for many Nicaraguan families and foreign tourists.
The San Juan River (Spanish: Río San Juan), also known as El Desaguadero ("the drain"), is a 192-kilometre (119 mi) river that flows east out of Lake Nicaragua into the Caribbean Sea. A large section of the border between Nicaragua and Costa Rica runs on the southern bank of the river.
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