Panama government buys up toll road concession

Panamanian firm Morgan & Morgan and the Washington, DC and New York offices of Arnold & Porter LLP have helped Panama’s Ministry of Economy and Finance, state-owned toll operator Empresa Nacional de Autopista (ENA) and its subsidiary, ENA Norte, acquire the Corredor Norte toll road concession for US$647 million as part of the government’s plan to improve infrastructure in the country.

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