HKND
HK Nicaragua Canal Development Investment Co., Ltd. also known as HKND was a private infrastructure development firm that is registered in Hong Kong. HKND was founded in 2012 with the purpose to develop the Nicaragua Canal as a wider and deeper alternative to the Panama Canal. HK Nicaragua Canal Development Investment is owned or controlled by the Chinese businessman Wang Jing. In 2014 it was announced that an IPO is being prepared to provide financing for the project but following financial difficulties, HKND finally closed its offices in April 2018. Nicaragua Canal The development of the Nicaragua Canal was the first project for HKND. The cost of the project is estimated to be US$40bn. or US$50bn. The Nicaraguan government approved the ''Master Concession Agreement'' with HKND on June 13, 2013 thereby granting the company "the sole rights to the HKND Group to plan, design, construct and thereafter to operate and manage the Nicaragua Grand Canal and other related projects, i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nicaragua Canal
The Nicaraguan Canal ( es, Canal de Nicaragua), formally the Nicaraguan Canal and Development Project (also referred to as the Nicaragua Grand Canal, or the Grand Interoceanic Canal) was a proposed shipping route through Nicaragua to connect the Caribbean Sea (and therefore the Atlantic Ocean) with the Pacific Ocean. Scientists were concerned about the project's environmental impact, as Lake Nicaragua is Central America's key freshwater reservoir while the project's viability was questioned by shipping experts and engineers. 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. In June 2013, Nicaragua's National Assembly approved a bill to grant a 50 year concession to finance and manage the project to the HK Nicaragua Canal Deve ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Panama Canal
The Panama Canal ( es, Canal de Panamá, link=no) is an artificial waterway in Panama that connects the Atlantic Ocean with the Pacific Ocean and divides North and South America. The canal cuts across the Isthmus of Panama and is a conduit for maritime trade. One of the largest and most difficult engineering projects ever undertaken, the Panama Canal shortcut greatly reduces the time for ships to travel between the Atlantic and Pacific oceans, enabling them to avoid the lengthy, hazardous Cape Horn route around the southernmost tip of South America via the Drake Passage or Strait of Magellan and the even less popular route through the Arctic Archipelago and the Bering Strait. Colombia, France, and later the United States controlled the territory surrounding the canal during construction. France began work on the canal in 1881, but stopped because of lack of investors' confidence due to engineering problems and a high worker mortality rate. The United States took over the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Wang Jing (businessman)
Wang Jing (; born 1972) is a Chinese businessman. He is the chairman and CEO of Skyrizon Aviation and Beijing Xinwei, a Chinese telecoms company. Among his major interests is the HK Nicaragua Canal Development Investment (HKND) that manages the Nicaraguan Canal and Development Project to build the Nicaragua Canal. Early life Wang was born in Beijing, and studied at Jiangxi University of Traditional Chinese Medicine without graduating. Later, he organized Beijing Changping Traditional Health and Culture School. Career In the 1990s, he went to Hong Kong to study finance and investment. In 1998, he founded Dingfu Investment Consulting Co. in Beijing and, in 2001, Hong Kong Divine (Dingfu) Investment Group Ltd. It is unclear how he later acquired a large 37% stake in Beijing Xinwei Telecom Technology. When he sold his stake to a listed company now named Beijing Xinwei, his position in Forbes' listing of China's billionaires jumped from No. 94 in 2013 to No. 12 in 2014. Beside his ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Infrastructure
Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and private physical structures such as roads, railways, bridges, tunnels, water supply, sewerage, sewers, electrical grids, and telecommunications (including Internet access, Internet connectivity and Broadband, broadband access). In general, infrastructure has been defined as "the physical components of interrelated systems providing Commodity, commodities and services essential to enable, sustain, or enhance societal quality of life, living conditions" and maintain the surrounding environment. Especially in light of the massive societal transformations needed to Climate change mitigation, mitigate and Climate change adaptation, adapt to climate change, contemporary infrastructure conversations frequently focus on sustainable development and gre ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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China Railway Construction Corporation
China Railway Construction Corporation Limited (abbreviated CRCC) is a listed construction enterprise based in Beijing, China, that was the second largest construction and engineering company in the world by revenue in 2014. The limited company was incorporated in 2007 in order to float the assets of China Railway Construction Corporation roup(CRCCG, , or the holding company) in Shanghai and Hong Kong stock exchange. CRCCG retained some assets which was deemed not suitable to float in the stock exchange. Corporate structure CRCCG is under the supervision of the State-owned Assets Supervision and Administration Commission of the State Council. Since February 2008, A shares and H shares of CRCC are listing on the Shanghai and Hong Kong stock exchanges. The financial report of the parent company (holding company) is not disclosed. As both parent and subsidiary share almost the same English name, one without the word "Limited" (they have different names in Chinese), the business ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Land Developers Of Hong Kong
Land, also known as dry land, ground, or earth, is the solid terrestrial surface of the planet Earth that is not submerged by the ocean or other bodies of water. It makes up 29% of Earth's surface and includes the continents and various islands. Earth's land surface is almost entirely covered by regolith, a layer of rock, soil, and minerals that forms the outer part of the crust. Land plays important roles in Earth's climate system and is involved in the carbon cycle, nitrogen cycle, and water cycle. One-third of land is covered in trees, 15% is used for crops, and 10% is covered in permanent snow and glaciers. Land terrain varies greatly and consists of mountains, deserts, plains, plateaus, glaciers, and other landforms. In physical geology, the land is divided into two major categories: mountain ranges and relatively flat interiors called cratons. Both are formed over millions of years through plate tectonics. A major part of Earth's water cycle, streams shape the landscap ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Kirkland & Ellis
Kirkland & Ellis LLP is an American multinational law firm headquartered in Chicago, Illinois. Founded in 1909, Kirkland & Ellis is the largest law firm in the world by revenue and the seventh-largest by number of attorneys, and was the first law firm in the world to reach US$4 billion in revenue. As of 2021, Kirkland & Ellis ranks third on Am Law's list of profits per equity partner. While Kirkland & Ellis was historically considered a firm focused on litigation, during the 2010s, it expanded private equity and restructuring practices which, together with large-scale commercial litigation, comprise the core legal service areas of the firm. Many attorneys from the firm have served as federal officials or judges, including United States Supreme Court Justice Brett Kavanaugh and former Attorney General William Barr. History In 1909, two attorneys, Stuart G. Shepard and Robert R. McCormick, formed the Chicago-based partnership that would eventually become Kirkland & Ellis. Mc ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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McKinsey & Co
McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and largest of the " Big Three" management consultancies (MBB), the world's three largest strategy consulting firms by revenue. The firm mainly focuses on the finances and operations of their clients. Under the leadership of Marvin Bower, McKinsey expanded into Europe during the 1940s and 1950s. In the 1960s, McKinsey's Fred Gluck—along with Boston Consulting Group's Bruce Henderson, Bill Bain at Bain & Company, and Harvard Business School's Michael Porter—transformed corporate culture. A 1975 publication by McKinsey's John L. Neuman introduced the business practice of "overhead value analysis" that contributed to a downsizing trend that eliminated many jobs in middle management. McKinsey has a notoriously competitive hiring process, ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Construction Machinery
Heavy equipment or heavy machinery refers to heavy-duty vehicles specially designed to execute construction tasks, most frequently involving earthwork operations or other large construction tasks. ''Heavy equipment'' usually comprises five equipment systems: the implement, traction, structure, power train, and control/information. Heavy equipment has been used since at least the 1st century BC when the ancient Roman engineer Vitruvius described a crane in ''De architectura'' when it was powered via human or animal labor. Heavy equipment functions through the mechanical advantage of a simple machine, the ratio between input force applied and force exerted is multiplied, making tasks which could take hundreds of people and weeks of labor without heavy equipment far less intensive in nature. Some equipment uses hydraulic drives as a primary source of motion. The term "plant" is used to refer to any mobile type of heavy machinery. History The use of heavy equipment has ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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XCMG
Xuzhou Construction Machinery Group Co., Ltd. (XCMG Group) ( zh, s=徐工集团, p=Xúgōng Jítuán) is a Chinese multinational state-owned heavy machinery manufacturing company with headquarters in Xuzhou, Jiangsu. Founded in 1989, XCMG currently ranks first in the Chinese construction machinery industry, 3rd in the world, 4th in China's top 100 machinery enterprises, and 409th in the world's top 500 brands. Recently the company has taken over Schwing GmbH is a German manufacturer of mobile and stationary concrete pumps and truck mixers, headquartered in Herne, as well as the parent company of Schwing Stetter in Memmingen. The business group is the world's second largest concrete pump manufacturer, behind Putzmeister, also a German manufacturer and subsidiary of the XCMG group. XCMG Group’s subsidiary, XCMG Construction Machinery Co. Ltd., was listed on the Shenzhen Stock Exchange SZSE: 000425 in 1996. With the largest scale, highest technical level and largest expo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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South China Morning Post
The ''South China Morning Post'' (''SCMP''), with its Sunday edition, the ''Sunday Morning Post'', is a Hong Kong-based English-language newspaper owned by Alibaba Group. Founded in 1903 by Tse Tsan-tai and Alfred Cunningham, it has remained Hong Kong's newspaper of record since British colonial rule. Editor-in-chief Tammy Tam succeeded Wang Xiangwei in 2016. The ''SCMP'' prints paper editions in Hong Kong and operates an online news website. The newspaper's circulation has been relatively stable for years—the average daily circulation stood at 100,000 in 2016. In a 2019 survey by the Chinese University of Hong Kong, the ''SCMP'' was regarded relatively as the most credible paid newspaper in Hong Kong. The ''SCMP'' was owned by Rupert Murdoch's News Corporation from 1986 until it was acquired by Malaysian real estate tycoon Robert Kuok in 1993. On 5 April 2016, Alibaba Group acquired the media properties of the SCMP Group, including the ''SCMP''. In January 2017, former D ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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PanAm Post
The ''PanAm Post'' is a conservative libertarian and anti-socialist news and opinion website launched in 2013 by Luis Henrique Ball Zuloaga. It publishes Spanish and English news, investigations, and opinion from a free market perspective and "in the tradition of pan-Americanism." The outlet is based is in Miami, Florida. History The site was founded in 2013 by Luis Henrique Ball Zuloaga, the third cousin of Venezuelan opposition politician María Corina Machado. Ball stated that ''PanAm Post'' began as a project to counter the reporting of news outlets in Latin America that he believed had been "taken over by socialist ideas." While the platform was originally launched to offer news and analysis on Latin America for English-speaking audiences, by 2019 its content was primarily published in Spanish. Following its launch, former editor-in-chief Fergus Hodgson wrote that the ''PanAm Post'' was a new generation of journalists dedicated to bilingual coverage of social movements. Hod ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |