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

  • The US FAST Act: a job left unfinished
    April 4, 2016
    US roads and bridges are crumbling at an alarming rate as state governments wring their hands over the increasingly scarce money for repairs. Enter the FAST Act. But is it enough? US state transportation department officials, as well as highway contractors and operators, breathed a sigh of relief in December. For months the highways infrastructure sector waited anxiously to see where the necessary money for road projects would come from. For several years, the Highways Trust Fund – the usual way of paying f
  • International investment in infrastructure increasing
    November 15, 2013
    According to market analysis by global advisory firm KPMG, the value of global transactions in the transport infrastructure sector has risen steeply since the beginning of 2013. KPMG reports that 2013 looks set to be a record year for transport infrastructure deals. The first half of 2013 saw global deals of infrastructure assets worth US$16.6 billion. By the end of the third quarter this figure had risen to $23.5 billion. The majority of assets acquired in 2013 have been either in Europe or Asia.
  • US market continues to climb
    April 11, 2013
    A comment often heard at the recent World of Asphalt/World of Aggregates event in San Antonio, Texas was how the US construction market is recovering. The catchphrase for the global construction industry in 2013 seems to be ‘cautious optimism’. The growth rate may be modest and business activity is certainly a long way from the peaks of 2007 and 2008, but the improving conditions can only be good news for the construction sector. In Europe the situation is less clear. The Nordic nations are all in a fairly
  • UK’s construction machinery market proves bullish
    March 8, 2022
    The UK’s construction machinery market is bullish with strong sales.