Forum Lays Out Latin American Infrastructure Projects
The 7th Annual Latin American Leadership Forum (www.cg-la.com) announced on April 6 the Top 50 infrastructure projects in Latin America, to be presented by project developers from throughout the Americas on April 27-29 in Houston, Texas.
Total project value exceeds $50 billion, across 10 infrastructure sectors, with total job creation of 2 million jobs per year. VIPs from around the region are participating, including the governor of São Paulo, Brazil, and the chief executive officer of the Panama Canal Authority.
"What we are seeing is an explosion of infrastructure project opportunities in the region," according to Norman F. Anderson, president and chief executive officer of CG/LA Infrastructure, forum organizer. "The public and private sectors throughout the region are making a serious decision to double the level of infrastructure investment, and build their way out of the crisis."
Project selections are based on two fundamental criteria: They must present specific business opportunities over the next 3 to 12 months and must be critical to the country or region's competitiveness. The 10 critical infrastructure sectors are:
- Strategic/Transformational—US $10.17 billion. Including the $5.2 billion Panama Canal Expansion, presented by Alberto Aleman Zubieta, chief executive officer of the Panama Canal Authority;
- Electricity Generation—US $11.63 billion. Including CFE's cogeneration projects in Mexico (Salamanca Plant) and Brazil's CPFL investment program;
- Oil & Gas—US $14.73 billion. Including the $3.5 billion PEMEX Chicontepec exploration project, and exploration opportunities in the Gulf of Mexico, Brazil, and Guatemala;
- New Generation—US $316 million. Including more than $500 million in wind opportunities in Mexico, and additional projects from the Dominican Republic;
- Water & Wastewater Treatment—US $1.319 billion. Including major wastewater treatment projects in Mexico, the Dominican Republic, Costa Rica, and Brazil;
- Urban Mass Transit—US $3.21 billion. Including major projects from Mexico, San Jose's Metropolitan Electric Train (Costa Rica) and Brazil's World Cup projects;
- Ports & Logistics—US $2.27 billion. Including the development of Mexico's Multimodal Corridor covering the entire extension Mazatlan - Durango - Matamoros;
- Highways—US $4.78 billion. Including two $1.5 billion highway concessions from Brazil and Mexico and two world-class concessions from the Dominican Republic;
- Digital Infrastructure/Smart Grid—US$654 million. Including a complete electrical transmission system expansion within Guatemala; and
- Tourism—US $1.39 billion. Including the ambitious Huatulco Project in Mexico.
CG/LA Infrastructure LLC created the Leadership Forum to bring infrastructure projects to life, for equipment sellers, technology firms, service providers, EPC firms, and investors through more than 60 discrete presentations, a series of high-level keynotes, trend-spotting panel presentations, 6 workshops, and more than 2,500+ pre-scheduled private meetings.