Panama’s health city horror story
by Canning House Associate Fellow Andrew Thompson
Every week, Andrew Thompson draws on his great wealth of knowledge and experience of Latin America to bring our audience in-depth insights on economics, political risk, and business in the region.
This week, he examines the ongoing legal disputes over Panama's unfinished "Health City" between Panama's public health agency and the Spanish civil engineering firm contracted to build the mega-hospital, with public sector corruption casting a long shadow over proceedings.
These stories are also available on Andrew’s blog site:
Enrique Lau Cortés, head of Panama’s Caja del Seguro Social (CSS – the country’s public health and pensions agency) on 9 September rejected a US$125mn compensation demand from Fomento de Construcciones y Contratas (FCC) the Spain-based civil engineering company.
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Colombian taxpayers are bailing out Avianca
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