The Republic of Panama today obtained a final and favorable ruling in the international investment arbitration. 'Justice has once again been done to the Canal and to Panama,' stated then-administrator of the interoceanic route and leader of the canal expansion project, Jorge Luis Quijano, when consulted about this verdict. The arbitration ruling orders the company Sacyr to pay $6 billion 391.8 million to Panama. The post Arbitral ruling orders Sacyr to pay $6 billion 391.8 million to Panama appeared first on Destino Panamá | Panama News.
Arbitration Orders Sacyr to Pay Billions to Panama
An international arbitration court has issued a final ruling in favor of Panama, ordering the Spanish construction firm Sacyr to pay billions in compensation over disputes regarding the Panama Canal expansion project.
