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

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

Construction of Nicaragua's $50 billion Interoceanic Grand Canal, expected to rival the Panama Canal, will begin Dec. 22 after feasibility studies have been

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,

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