April 9 (Reuters) - Panama Ports Company, an indirect unit of conglomerate CK Hutchison 0001.HK, said on Wednesday it had invested $1.70 billion in the infrastructure of ports Balboa and Cristobal as part of an agreement signed with the government two decades ago.

"The clarification came in response to recent media statements regarding our company and concession," the ports operator said.

(Reporting by Roshan Thomas in Bengaluru; Editing by Leroy Leo)

((Roshan.Thomas@thomsonreuters.com))