The state -owned shipping company in China is seeking to obtain at least 20 percent in the $ 2.3 billion ports development project in Panama.
According to Reuters, the investment is linked to a plan by a local development company, aimed at creating Ports facilities On all of Atlantic Ocean and Pacific Ocean The sides of the channel.
According to what was reported, the project includes a Roro Stationand Infrastructure treatment containersAnd Logistics services.
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He claimed that the maritime authority in Panama agreed to the project, pending a final government review.
Reuters revealed that the COSCO representative told the Financial Times (FT) that the company is still evaluating the opportunity.
This development comes amid the US scrutiny of Chinese involvement in the critical infrastructure in the Americas.
In April, COSCO SHIPING rejected the United States’ allegations of misconduct in the sectors of shipbuilding and logistics in China, as well as the measures that were entered to reduce the impact of China in this industry.
