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In page Protests against Daniel Ortega:

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By February 2018, many analysts viewed the canal project as defunct, with the main investor having lost much of his fortune in the 2015–2016 economic crisis, and other Chinese investment having turned to focus on Panama, the Nicaragua project's main competitor. Nonetheless, the head of the canal authority in Nicaragua insisted work on the project was slow due to the project's size but still on-going. The Chinese company that had been granted the concession for the canal maintains legal rights to it and to side projects in the country, short of a 60% vote to revoke the legislation.[citation needed] As of August 2019, the project remained in a state of limbo.[1]