Panama’s decision to invalidate port contracts with a Hong Kong-based conglomerate is sending shock waves through global port investment, analysts warn, creating a destabilising precedent amid rising geopolitical fragmentation.
Tensions are escalating in the Central American nation following a top court’s ruling that voided CK Hutchison Holdings’ port concession – a long-term agreement granting rights to operate a port – from the 1990s as “unconstitutional”.
