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

  • SMOPYC 2017 show organisers report strong attendance
    June 7, 2017
    The organisers of the 17th SMOPYC construction equipment show in Spain report strong attendance, both from exhibitors and show visitors. The event was held at the Feria de Zaragoza from 25th to 29th April, attracting 55,317 visitors to the fair. SMOPYC provided a key meeting place for the Spanish construction machine market, with over 65,000m2 of exhibition space for 870 exhibitors, of from up to 49 different countries.
  • Middle East financing for Moscow’s new toll route
    June 12, 2018
    Financing from the Middle East is helping to build the first toll road in Russia’s capital Moscow – Eugene Gerden reports. The first toll road within the Russian capital Moscow will be built this year with financing from a consortium comprising Russian and Arabian investors. This was revealed officially in a recent statement from the Moscow City Government. The heart of the project involves building a relief road for Kutuzovsky Prospekt, a major radial avenue in Moscow, which is known for its luxury stores
  • US road safety concern
    June 18, 2021
    There is concern over a worrying trend in US road safety
  • Liebherr retains positive business outlook
    November 6, 2020
    Liebherr retains a positive business outlook, despite the pandemic.