By Michael McDonald (Bloomberg) — Hong-Kong based HKND Group, contracted to build a $50 billion canal across Nicaragua, expects to start construction on a fuel terminal and a ship wharf...

When one of the poorest countries in the Americas and a little-known Chinese businessman said they planned to undertake one of the biggest engineering projects in history, few people took them seriously.

Construction of Nicaragua's $50 billion Interoceanic Grand Canal, expected to rival the Panama Canal, will begin Dec. 22 after feasibility studies have been approved, the committee overseeing the project said on Thursday.

By Rainbow Nelson in Cartagena Nicaragua’s ambitious plans to build a rival to the Panama Canal are likely to cost almost double the estimated $40bn, according to experts at the...

Wang Jing, a little known Chinese investor who has a concession to build a waterway in Nicaragua to rival the Panama Canal, announced he was also spearheading a $3 billion project to build a deepwater port in Ukraine.