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