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Public-Private Partnerships May Take Over Panama Ports If Court Rules CKH's Concession Invalid, Says President
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Panama's President Jose Raul Mulino noted that if the local court rules the operating contracts for two key ports of CKH HOLDINGS (00001.HK) at the Panama Canal invalid, public-private partnerships may take over those ports, according to foreign media reports. Panama's Comptroller General's office had earlier filed a lawsuit with the local Supreme Court, requesting the annulment of the contract due to non-compliance with the required legal procedures, including the approval of the Comptroller General, and declaring the agreement unconstitutional. AAStocks Financial News |
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