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Construction projects of former regime in Panama halted

Wednesday, March 29, 2017


Work has stopped in Panama on multiple projects by a consortium  much favored  by the administration of former president Ricardo Martinelli and now mired in corruption investigations.

A lack of liquidity of HPC Contratas­ P&V has caused a chain of defaults in the delivery of state projects. The consortium was awarded contracts for the construction of agricultural markets as part of the much touted Martinelli national cold chain project. It also received contracts to build health centers in Chepo and Colon.

Source: Newsroom Panama