Topic: Hknd Group

Construction has officially begun on the Nicaragua Canal, a project led by Chinese developer Wang Jing. The groundbreaking was held early to avoid local protests over eminent domain and land seizures. Environmentalists warn that the canal will turn Lake Nicaragua from freshwater to saltwater, destroying local ecosystems, while the project plans include luxury resorts and a Jack Nicklaus-designed golf course.

Nicaragua has approved a $40 billion project for a Chinese company, HKND Group, to build a canal competing with the Panama Canal. The project is estimated to take between five and eleven years to complete. The hosts predict that U.S. interests may label the region a site of terrorist activity to interfere with the Chinese-backed infrastructure.