Panama says it will ensure regulations, laws are complied with as part of BlackRock port deal
ReutersMar 4, 2025 10:55 PM
PANAMA CITY, March 4 (Reuters) - Panama's government said it will ensure all local regulations and laws are complied with as part of a deal by an investor group backed by BlackRock BLK.N to buy a majority stake in the Hong-Kong based subsidiary that operates two ports in the Central American country.
An audit of the 25-year concession granted to CK Hutchison 0001.HK for the operation of the ports of Balboa and Cristobal near the Panama Canal has not been completed, but its results will be key regarding a relationship with new concessionaires, the government added in a release.
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