Panama Canal Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! ===Nicaragua canal=== {{Main|Nicaragua Canal}} On July 7, 2014, [[Wang Jing (businessman)|Wang Jing]], chairman of the [[HK Nicaragua Canal Development Investment|HK Nicaragua Canal Development Investment Co. Ltd. (HKND Group)]] advised that a route for Nicaragua's proposed canal had been approved. The construction work was projected by HKND to begin in 2014 and take 5 years,<ref name=bbc>{{cite web|url= https://www.bbc.com/news/world-latin-america-30584559|title= Nicaragua launches construction of inter-oceanic canal|publisher= [[BBC]]|date= December 23, 2014|access-date= January 9, 2015|archive-date= January 8, 2015|archive-url= https://web.archive.org/web/20150108185127/http://www.bbc.com/news/world-latin-america-30584559|url-status= live}}</ref> although there had been little progress before the project's abandonment.<ref name=ReutersPerry2017>{{cite web|url=http://news.trust.org/item/20171201092333-6asue|title=Can a coast-to-coast canal solve Nicaragua's poverty problem?|date=1 December 2017|work=Thomson Reuters Foundation News|access-date=1 December 2017|archive-date=December 1, 2017|archive-url=https://web.archive.org/web/20171201104008/http://news.trust.org/item/20171201092333-6asue|url-status=live}}</ref> The Nicaraguan parliament approved plans for the {{convert|280|km|mi|abbr=on|0}} canal through Nicaragua and according to the deal, the company would have been responsible for operating and maintaining the canal for a 50-year period. By May 2017, no concrete action had been reportedly taken constructing the canal and further doubts were expressed about its financing.<ref>{{Cite web|date=2017-08-23|title=Four Years Later, China-Backed Nicaragua Canal Struggles to Take Off the Ground|url=https://panampost.com/adriana-peralta/2017/05/08/four-years-later-china-backed-nicaragua-canal-struggles-to-take-off-the-ground/|access-date=2022-02-06|archive-url=https://web.archive.org/web/20170823160624/https://panampost.com/adriana-peralta/2017/05/08/four-years-later-china-backed-nicaragua-canal-struggles-to-take-off-the-ground/|archive-date=August 23, 2017}}</ref> In February 2018, analysts widely viewed the project as defunct, though the head of the project insisted work was on-going and HKND retained the legal rights to the concession for the canal as well as side projects. Despite HKND vanishing in April 2018,<ref>{{Cite web|last=Schmidt|first=Blake|date=26 April 2018|title=Ex-Billionaire Abandons Office in Prime Hong Kong Tower|url=https://www.bloomberg.com/news/articles/2018-04-26/nicaragua-canal-builder-abandons-office-in-prime-hong-kong-tower|access-date=6 February 2022|website=Bloomberg}}</ref> the Nicaraguan government indicates that it will continue with the 908 km<sup>2</sup> (351 sq mi) dry land expropriations within Nicaragua, under land expropriation Canal Law 840. Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page