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HK Nicaragua Canal Development Investment information


HK Nicaragua Canal Development Investment Co., Ltd.[1][2][3] also known as HKND was a private infrastructure development firm that is registered in Hong Kong. HKND was founded in 2012[4] with the purpose to develop the Nicaragua Canal as a wider and deeper alternative to the Panama Canal. HK Nicaragua Canal Development Investment is owned or controlled by the Chinese businessman Wang Jing.[5] In 2014 it was announced that an IPO is being prepared to provide financing for the project[6] but following financial difficulties, HKND finally closed its offices in April 2018.[7]

  1. ^ Cite error: The named reference closing was invoked but never defined (see the help page).
  2. ^ "Nicaragua Congress approves ocean-to-ocean canal plan". BBC News. 13 June 2013. Retrieved 15 November 2018.
  3. ^ Data in Hong Kong Companies Registry
  4. ^ Matthew Miller (May 4, 2014). "China's 'ordinary' billionaire behind grand Nicaragua canal plan". Reuters. Retrieved January 9, 2015.
  5. ^ "HKND". BN Americas. Retrieved January 9, 2015.
  6. ^ "Nicaragua canal developer HKND plans IPO –CEO". Reuters. December 23, 2013. Retrieved January 7, 2015.
  7. ^ Baraniuk, Chris. "The rival to the Panama Canal that was never built". www.bbc.com. Retrieved 2023-09-26.

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