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

  • Central Asia’s need for improved transport infrastructure
    October 5, 2018
    Central Asia has a need for improved transport infrastructure to help develop economies - Gordon Feller reports
  • Caterpillar has a Vision that includes total project site overview
    April 5, 2016
    Caterpillar may be on its financial back foot, but a recent event showed the company has a vision far beyond this or the next financial year – David Arminas reports. Many construction machinery manufacturers have some data collection and analysis systems for their heavy equipment. For a good decade, manufacturers have been moving in this direction, first as retrofit packages on machines in the field and increasingly as standard on newer models. Caterpillar is no exception among manufacturers that are movin
  • High costs to build Latin American roads
    October 7, 2013
    A report from the European Court of Auditors has highlighted the high cost of building roads in Latin America. The report states that it costs seven times more to build roads in Latin America than in Europe. The study compared 24 road projects across Europe and Latin America that were carried out between 2000 and 2013. Each km of road costs around US$116,000 in Germany, $164,000 in Greece, $215,000 in Spain and $218,000 in Poland on average. This compares to $2 million in Mexico, between $800,000 and $1 mil
  • Reduced pollution with locally sourced materials
    February 24, 2012
    Robert Petts provides a practical example of gTKP at work. There is a substantial requirement for a range of sealers and binders in the global road infrastructure sector. The principal need is for the construction and maintenance of road surfaces and pavements. Globally, more than 100 million tonnes of bitumen are produced each year, mostly for use in the road sector.