Infra projects to reach US$130bn in 4 LatAm countries

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Tuesday, November 4, 2014

Brazil, Chile, Colombia and Peru are looking at an aggregated US$130bn in infrastructure projects for the 2014-17 period, according to a study by Brazilian bank Itaú.

Roadwork projects account for 40.3% of the countries' investment portfolio, led by Colombia (US$24.4bn) and followed by Brazil (US$13.7bn,) Peru (US$11bn) and Chile (US$3.25bn), according to the report picked up by the EFE Spanish news agency.

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In the railroad sector, Brazil is investing US$25.6bn, Peru US$8.3bn, Chile US$4.45bn and Colombia US$3.16bn.

The study also set demand for airport projects at US$4.18bn in Brazil, US$720mn in Chile, US$500mn in Colombia and US$450mn in Peru.

In the ports sector, Brazil is spending US$24.8bn, Chile US$1.8bn, Colombia US$1.59bn and Peru US$300mn.

The study highlights Chile's modernization and expansion project of the international airport in Santiago, as well as Colombia's 4G highways master plan and Peru's subway lines No. 3 and 4 in Lima.