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

  • XCMG reports record results
    May 14, 2024
    XCMG is reporting record financial results.
  • Continuing demand for construction machines
    March 13, 2012
    Corporate results from a series of equipment manufacturers for the early part of 2011 all seem to agree that demand for machines continues to improve.
  • Increasing electric vehicle sales in Central and Eastern Europe?
    June 15, 2012
    Projections suggest that electric vehicle sales in Central and Eastern Europe will hit 60,000 by 2017. The estimate comes from a report by Frost & Sullivan and suggests that Central and Eastern Europe will see growing sales of these vehicles, bringing strong market potential for manufacturers. The Central and Eastern European nations have a population of over 100 million people and a solid macroeconomic environment. The report says EV sales could top 62,000 units by 2017, increasing from approximately 245 u
  • Spain needs €6.5bn road infrastructure investment, says SHA
    April 14, 2014
    Spain needs around €6.5 billion spent on its road infrastructure to bring it back up to ‘reasonable’ quality standard, according to a report drawn up by the Spanish Highways Association (SHA). The huge works’ bill is said by the SHA to be due to the deterioration of the roads since 1985. According to McKinsey, this investment could be reduced if tendering authorities made more effort when it came to project analysis. By improving the use of engineering services by 3% to 5% per investment, cost savings of