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2.75 million-word ESIA Report 2015-6-2 18:01

HKND Presented the ESIA Report to the Government of Nicaragua

On 31st May, 2015, the HKND Group received the Environmental and Social Impact Assessment (ESIA) report, completed by the British company Environmental Resources Management (ERM) for the Interoceanic Canal Project and presented to the Government of Nicaragua in the Capital City of Managua.

Xu Changbao, General Manager of HKND’s Nicaragua Office, received the ESIA report from Manuel Román (senior consultant of ERM) and handed it over to the President of the Nicaragua Canal Commission (Manuel Coronel) and the Minister of the Environment and Natural Resources of Nicaragua (Juana Argeñal).

On 13th June, 2013, the Nicaragua National Assembly approved the exclusive commercial agreement between the Government of Nicaragua and the Hong Kong Nicaragua Canal Development Investment Company Limited (HKND) for the Nicaragua Canal Development Project. The agreement entitles the HKND Group sole right to plan, design, construct, operate and manage the Nicaragua Canal and other potential projects (including two ports, a free trade zone, an international airport and other infrastructure development projects) for a period of up to 100 years.  

The HKND Group is determined to uphold the principles of legality, transparency and integrity and has always been endeavoring to carry forward this world-class project to the highest international standards and best practices. On 4th June 2013, the HKND Group entrusted ERM to carry out an environmental and social impact study for the Nicaragua Canal Development Project. 

ERM organized a leading team of world class experts in environmental and social studies to conduct extensive field investigations, covering a number of provinces in the south of Nicaragua, as well as other surrounding areas around the proposed canal route. After two years, ERM completed the ESIA report on 29th May, 2015 comprising of 14 volumes with 11,000 pages and up to 2.75 million words. The report covers a wide range of scientific disciplines including geology, soil, groundwater, surface water, air, noise, vibration, marine, freshwater and terrestrial ecosystems; while the social studies cover social resources, community health and cultural heritage; together with local economy and employment.

The completion of the ESIA marks another important milestone of the Nicaragua Canal Development Project and will play a significant role in promoting the Project. Furthermore, it’s the best embodiment of HKND to bringing forward the Project to the highest international standards. After the Government of Nicaragua reviews and approves the ESIA, it will be disclosed to the public as required by the Nicaraguan Laws.

At the ceremony, the ESIA report was handed over in the presence of the Investment Advisor to PRONicaragua, Laureano Ortega; the Majority Leader of the National Assembly, Edwin Castro from the Sandinista National Liberation Front, and José Milán, Science Advisor of the Nicaraguan Government.

-End-


Manuel Román from ERM (first from right) presents the ESIA report to the Nicaragua Canal Commission and media.
Photography: El 19 Digital


President of the Nicaragua Canal Commission, Manuel Coronel (third from left) and the Minister of the Environment and Natural Resources of Nicaragua (MARENA), Juana Argeñal (first from left) receive the ESIA report from the representative of HKND Group, Xu Changbao (second from right).
Photography: El 19 Digital


The ESIA report of the Nicaragua Canal Project comprises of 14 volumes, 11,000 pages and up to 2.75 million words. 
Photography: El 19 Digital