HKND

HKND (Hong Kong Nicaragua Canal Development) Group is a private infrastructure development firm that is based in Hong Kong and registered in the Cayman Islands. HKND was founded in 2012 with the purpose to develop the Nicaragua Canal as a wider and deeper alternative to the Panama Canal. HKND is owned by HK Nicaragua Canal Development Investment that is part of the businesses owned or controlled by the Chinese billionaire Wang Jing. In 2014 it was announced that an IPO is being prepared to provide financing for the project.