Top 100 Latin America Projects Valued at $64.6 B
CG/LA Infrastructure LLC released on March 12 the list of the Top 100 Infrastructure Projects in Latin America. The total estimated value of the projects is $64.6 billion, equivalent to almost 2 percent of Latin American GDP, and total job creation is projected at 2.8 million.
According to Norman F. Anderson, president and chief executive officer of CG/LA, these projects are critical to Latin America's future: "Investing in infrastructure is central to protecting the region's real economies from the financial crisis, seizing the 'opportunity in the crisis' to build productivity and competitiveness."
Strategic Infrastructure Projects: World class projects are drawn from eight infrastructure sectors, including top five projects in ports and logistics, oil and gas, water and wastewater, electricity generation, urban mass transit, digital infrastructure, new energy and highways. Projects are drawn from 12 countries, including the Panama Canal Expansion ($5.2 Bn); The Eastern Aqueduct in the Dominican Republic ($1 Bn); the Metropolitan Electric Train in Costa Rica ($520 MM); Sao Paulo's 'Metropolis' project (US$1.2 Bn); and the transformative Multimodal Corridor Mazatlan-Matamoros in Mexico ($1.4 Bn).
CG/LA Infrastructure LLC, based in Washington D.C., focuses on creating opportunity in the global infrastructure marketplace by assisting countries, regions, and companies to become increasingly competitive in areas of strategic advantage.