Sacyr
Sacyr is a Spanish construction and engineering company known for major infrastructure projects, including the expansion of the Panama Canal. The company was recently in the news due to its unsuccessful arbitration claim against the Panamanian government, which it alleged had violated investment treaties during the execution of the Panama Canal expansion project.
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Panama:
Sacyr, responsible for constructing the third set of locks of the Panama Canal, filed a claim in 2018 alleging that the ACP's actions violated the bilateral investment treaty between Spain and Panama.
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Panama:
Sacyr filed a claim against Panama for $2.362 billion.
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