Nicaragua Canal

Nicaragua awarded a concession in June 2013 to design, build and manage a US$40 billion canal to rival Panama. The canal would cost about four years’ worth of Nicaragua’s annual gross domestic product, and would likely be three times longer than the 48-mile (77-km) Panama Canal, which took a decade to build.

HKND chairman Wang Jing is pressing on with the canal project. Photo: Simon Song

Farmers and peasants stage protests against Nicaragua canal project

The Nicaraguan canal will cut through farmers’ lands, rain forest, Central America’s largest reservoir, wetlands and indigenous communities. It has been described as a fight of David – the local peasants – against Goliath – Chinese developer Wang Jing and the Nicaraguan government.