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Nicaragua's channel concessionaire works on port designs and locks

The concessionaire of the inter-oceanic canal project in Nicaragua, the Chinese firm HKND Group, reported today that it is working with international partners to carry out the Sluice west and the port of Brito, in the Nicaraguan Pacific.

Managua, June 29 (EFE) .- The concessionaire of the inter-oceanic canal project in Nicaragua, the Chinese firm HKND Group, announced today that it is working with international partners to carry Forward the designs of the western lock and the port of Brito, in the Nicaraguan Pacific.

HKND Group explained in a public statement that they are finalizing the design review For the construction of the port of Brito, on the coast of the South Pacific of Nicaragua.

The company aims to start the construction of that port, for which BMT, a consultant Is planning a reference design, the concessionaire said.

"We are finalizing the port Based on the latest results of subsurface research and channel operation studies, "he said.

This design, which will replace an earlier one, not only gives a better Treatment of natural hazards, such as earthquakes and tsunamis, but also provides a substantially increased port capacity, which Recent BMT studies on possible canal traffic, added HKND Group.

In the case of locks, which are the most essential and complex structure of the project, the company Continues to make the benchmark design that will be located in the western sector, continued.

"We are reviewing the latest geotechnical information to confirm a location Better overall sealing, and thus avoid seismic faults that were evident in the previous location, "said the concessionaire.

" This, together with a series of additional studies on Hydrology, water balance and salinity, will enable us to ensure greater safety and the lower environmental impact of the infrastructure, "the firm explained.

In addition, HKND Group Is planning the entire project, he added.

In terms of environmental and social impact management, the Chinese firm is developing relevant plans in Strict adherence to the recommendations made in the Environmental and Social Impact Assessment (EIA) by the UK company Environmental Resources Management (ERM).

President Daniel Ortega's government granted the Chinese company HKND Group the concession for the channel for a period of 50 years, which can be extended by another 50.

According to the latest design, The project consists of a wet track of 276 kilometers in length, 230 to 280 meters wide, and includes two ports, an airport, two artificial lakes, two locks, a free area Commerce and tourist complexes, among others.

The channel would start operating, according to the company's calculations, five years after the start of the most important works, The excavation of the canal and the construction of the western lock, which were scheduled to start in the first half of 2017, after successive delays for various reasons.

The cost of Nicaragua is expecting its construction to open about 50,000 jobs and double the domestic product.

Gross domestic product (GDP).

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