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.

Finance & Funding

Related Content

  • Reduced pollution with locally sourced materials
    April 12, 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.
    Read More
  • Massive potential market for electric motorcycles
    August 15, 2014
    A new study suggests that electric motorcycles will provide a lucrative market for manufacturers in coming years. Steadily rising fuel prices and tougher environmental constraints in many countries will encourage customers to invest in electric motorcycles, particularly for commuting. This segment looks set to outstrip demand for e-bikes, electric cars or electric buses according to the study, carried out by IDTechEx. Another electric vehicle segment looking to grow fast is for MicroEVs. IDTechEx has analys
    Read More
  • Tanzania delivers road construction boost
    November 2, 2012
    Plans to upgrade two major roads in Tanzania will bring huge benefits to the East African nation. Shem Oirere reports Tanzania’s bid to retain or improve its position as East Africa’s second largest economy is gaining momentum as the government moves to support the achieved growth and contribute more to ongoing regional economic integration through the improvement of its transport infrastructure. The country received a major boost in April, 2012, when the African Development Bank (AfDB), one of Tanzania lea
    Read More
  • Roads for the future
    July 31, 2012
    Speakers at the 3rd European Road Congress looked at ways of preparing infrastructure to cater for future demands. Patrick Smith reports Road accidents in Europe can be reduced substantially, but vehicles will have to make more use of technology, and they will cost more. The problems will not be made any easier with the knowledge that road transport is set to double between 2040 and 2050. These were just some of the forecasts made at the 3rd European Road Congress, held in Brussels, Belgium, a key road sect
    Read More

Highlighted Content