Nicaragua Canal ‘is not going to happen’, says sources

The Hong Kong Nicaragua Development consortium (HKND) – owned by Chinese businessman Wang Jing, who in June 2013 received a concession from commander Daniel Ortega to build an interoceanic canal in Nicaragua – has reduced operations to a minimum in the country.

The news comes from Confidencial sources linked to the government and the private sector. “The information we received from above is that the canal will never be,” said a government source who declined to give details.

Source: Havana Times