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Beginning of construction of Great Interoceanic Canal announced in Nicaragua

HKND Group Chairman Wang Jing (R) addresses a press conference on the megaproject of the Great Interoceanic Canal, in Managua, Nicaragua, on Dec. 23, 2014. Wang Jing on Monday announced the beginning of the construction of the Great Interoceanic Canal, in Nicaragua's Rivas Province. The construction of the canal, which is to link the Pacific Ocean and the Atlantic Ocean, is expected to be completed in 2019, with an estimated investment of 50 billion U.S. dollars. (Xinhua/Luis Echeverria)

HKND Group Chairman Wang Jing (C) arrives for a press conference on the megaproject of the Great Interoceanic Canal, in Managua, Nicaragua, on Dec. 23, 2014. Wang Jing on Monday announced the beginning of the construction of the Great Interoceanic Canal, in Nicaragua's Rivas Province. The construction of the canal, which is to link the Pacific Ocean and the Atlantic Ocean, is expected to be completed in 2019, with an estimated investment of 50 billion U.S. dollars. (Xinhua/Luis Echeverria)

HKND Group Chairman Wang Jing (C) addresses a press conference on the megaproject of the Great Interoceanic Canal, in Managua, Nicaragua, on Dec. 23, 2014. Wang Jing on Monday announced the beginning of the construction of the Great Interoceanic Canal, in Nicaragua's Rivas Province. The construction of the canal, which is to link the Pacific Ocean and the Atlantic Ocean, is expected to be completed in 2019, with an estimated investment of 50 billion U.S. dollars. (Xinhua/Luis Echeverria)

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