Matches in DBpedia 2016-04 for { ?s ?p "The Nicaraguan Canal (Spanish: Canal de Nicaragua), formally the Nicaraguan Canal and Development Project (also referred to as the Nicaragua Grand Canal, or the Nicaragua Interoceanic Grand Canal) is a planned shipping route through Nicaragua to connect the Caribbean Sea (and therefore the Atlantic Ocean) with the Pacific Ocean. As of Template:MONTHNAME 2016[[Category:Articles containing potentially dated statements from Template:MONTHNAME 2016]], no significant construction has taken place. It had been announced that construction of ports and locks would start before the end of 2015, but no money has yet been deposited for construction. In November 2015 the date of commencement for major construction works was put back to late 2016.In June 2013, Nicaragua's National Assembly approved a bill to grant a 50-year concession to finance and manage the project to the private Hong Kong Nicaragua Canal Development Investment Company (HKND Group) headed by Wang Jing, a Chinese billionaire. The concession can be extended for another 50 years once the waterway is operational.Construction of the canal, estimated to cost 40 to 50 billion US dollars, began in December 2014, with completion due within five years.However a media report in November 2015 suggested the project would now be delayed or even possibly scuttled due to the personal fortune of Wang Jing having taken a sudden dive with the recent Chinese stock market rout.The Nicaraguan government has failed to present reliable information about whether or not the project can be financed, thus casting doubt over whether or not it can be completed.Scientists are concerned about the environmental impact of the project, as Lake Nicaragua is Central America's key freshwater reservoir.Construction of a canal using the San Juan River as an access route to Lake Nicaragua was first proposed in the early colonial era. The United States abandoned plans to construct a waterway in Nicaragua in the early 20th century after it purchased the French interests in the Panama Canal."@en }
Showing triples 1 to 1 of
1
with 100 triples per page.
- Q1252068 abstract "The Nicaraguan Canal (Spanish: Canal de Nicaragua), formally the Nicaraguan Canal and Development Project (also referred to as the Nicaragua Grand Canal, or the Nicaragua Interoceanic Grand Canal) is a planned shipping route through Nicaragua to connect the Caribbean Sea (and therefore the Atlantic Ocean) with the Pacific Ocean. As of Template:MONTHNAME 2016[[Category:Articles containing potentially dated statements from Template:MONTHNAME 2016]], no significant construction has taken place. It had been announced that construction of ports and locks would start before the end of 2015, but no money has yet been deposited for construction. In November 2015 the date of commencement for major construction works was put back to late 2016.In June 2013, Nicaragua's National Assembly approved a bill to grant a 50-year concession to finance and manage the project to the private Hong Kong Nicaragua Canal Development Investment Company (HKND Group) headed by Wang Jing, a Chinese billionaire. The concession can be extended for another 50 years once the waterway is operational.Construction of the canal, estimated to cost 40 to 50 billion US dollars, began in December 2014, with completion due within five years.However a media report in November 2015 suggested the project would now be delayed or even possibly scuttled due to the personal fortune of Wang Jing having taken a sudden dive with the recent Chinese stock market rout.The Nicaraguan government has failed to present reliable information about whether or not the project can be financed, thus casting doubt over whether or not it can be completed.Scientists are concerned about the environmental impact of the project, as Lake Nicaragua is Central America's key freshwater reservoir.Construction of a canal using the San Juan River as an access route to Lake Nicaragua was first proposed in the early colonial era. The United States abandoned plans to construct a waterway in Nicaragua in the early 20th century after it purchased the French interests in the Panama Canal.".