In June 2013, Nicaragua's National Assembly approved a bill to grant a 50-year concession to finance and manage the project to the private HK Nicaragua Canal Development Investment (HKND) headed by Wang Jing, a Chinese billionaire.
Pada Juni 2013, Majelis Nasional Nikaragua menyetujui RUU yang memberi konsesi pendanaan dan pelaksanaan proyek selama 50 tahun kepada perusahaan swasta Hong Kong Nicaragua Canal Development Investment Company (HKND Group) yang dipimpin Wang Jing, seorang miliarder Cina.