Skip to main content

Report highlights strong Latin America infrastructure potential

A new report highlights the enormous economic potential for infrastructure in Latin America. According to the new report from analytics specialist GlobalData, the infrastructure sector in Latin America could reach a value of US$175.8 billion by 2020. The report suggests that the total value of infrastructure spending in Latin America will reach $142.5 billion in 2019. The report adds that anticipated growth will see infrastructure spending in Latin America hit $175.8 billion for 2020. GlobalData has made t
November 22, 2018 Read time: 1 min

A new report highlights the enormous economic potential for infrastructure in Latin America. According to the new report from analytics specialist GlobalData, the infrastructure sector in Latin America could reach a value of US$175.8 billion by 2020.

The report suggests that the total value of infrastructure spending in Latin America will reach $142.5 billion in 2019. The report adds that anticipated growth will see infrastructure spending in Latin America hit $175.8 billion for 2020. GlobalData has made this analysis based on the activity for 1,711 large-scale projects in Latin America that are planned or being built at present. These have a combined value of $829.2 billion according to GlobalData.

Related Content

  • Kansas road and bridge funding will help develop economy
    March 24, 2017
    A new report by the American Road & Transportation Builders Association’s (ARTBA) identifies the economic gains from road development in Kansas.
  • OECD countries invest average 1% GDP on road/rail infrastructure
    July 11, 2013
    OECD (Organisation for Economic Co-operation and Development) countries investment in road, rail and inland waterway infrastructure as a percentage of GDP averages around 1%, according to new research by the International Transport Forum (ITF). The figure is contained in the ITF at the OECD’s 2013 annual statistics update ‘Spending on Transport Infrastructure 1995-2011: Trends, Policies, Data’, which is accompanied by a related database, released today.
  • Transport development potential in Russia’s east
    September 13, 2019
    Eastern Russia holds considerable potential for the development of transport infrastructure projects.
  • Car safety concern for Latin America
    April 19, 2016
    Vehicle safety in Latin America and the Caribbean nations has come into the spotlight. Research shows a high level of deaths and injuries from car crashes in these regions. Worryingly, there is concern that the types of vehicles sold in Latin America and the Caribbean do not benefit from the latest safety features. As a result, high levels of occupant injuries and deaths are being recorded. The New Car Assessment Program for Latin America and the Caribbean (Latin NCAP), Global New Car Assessment Program (Gl