Panama's new government began an auditing process of the companies operating the main highways in Panama.
The Concession Agreement allows for government audits, which have taken place twice in the past.
Fitch rates BG Trust, Inc. (Panama, Corredor Sur Trust) $150 million series A notes 'BBB' with a Stable Outlook. Traffic on Corredor Sur has continued to grow. Accumulated traffic at the end of second-quarter 2009 increased by 14.3% to 18 million vehicles from 15.7 million in the same period in 2008. Toll revenue at the end of second-quarter 2009 is up 12.6% to US$20.9 million from US$18.6 million in 2008. Corredor Sur has not raised tariffs since November 2007; however, it was Corredor Norte's tariff increase when opening a segment of the corridor that brought unrest and public demonstrations during the month of May.
Training (on-line and in place) and consultancy in different areas such as food, safety, environmental, quality, laboratory methods. Environmental audits approval by Mexican government.
Operates in Costa Rica, Panama and Mexico
Phone: (5255) 56587889 - (5255) 24570386
Chicas Vilchez & Ruiz is a professional finance and accounting firm providing Auditing, Consulting, Outsourcing, and Tax services in El Salvador, Central America and the United States.
Operates in El Salvador, Costa Rica, Guatemala, Panama, Honduras and Nicaragua
Phone: (503) 2264 8069