Latin America & the Caribbean
Opportunities for UK companies
Infrastructure
Infrastructure services are the backbone of economic development, competitiveness and inclusive growth. The opportunity and demand for infrastructure in this region is significant: the Inter-American Development Bank (IDB) estimates that economies in the region must spend up to 5% of GDP to close the $150 billion a year infrastructure gap[1].
A number of economies across the region are now betting on sustainable infrastructure investment to drive economic growth amidst the dual challenges of recovery from the COVID-19 pandemic, and dealing with the effects of climate change. UK companies are well positioned to partner with Latin American governments and companies to realise this vision with UK expertise in delivering major projects, and innovation in digital and sustainable infrastructure in high demand.
Market Detail
Peru:
Lima Metro; UK-Peru reconstruction G2G in Northern Peru; the expansion of Lima Airport, Bicentenary schools project, SEDAPAL wastewater project, Central Highway project
Panama:
Coastal Highway, San Miguelito Cable Car, Bus Rapid Transit (BRT) corridor, Water Management System for the Panama Canal, and several highway projects.
Mexico:
Modernization of International Airport in Guadalajara; Tren Maya; Mexico-Queretaro High Speed Train; Suburban Train Expansion in Mexico City; García-Monterrey Airport light rail
Brazil:
Privatisation of water utilities in Rio; Concession of overground lines 8 and 9; Intercity trains PPP in São Paulo and Concession of 22 airports in 2021.
Guyana:
Bridges across the Demerara and Corentyne Rivers, highway from Georgetown to Brazil, Deep water harbour and major housing and road projects.
Argentina:
Expansion of national water and sewage infrastructure. Rail network renewal and electrification. Extension of Buenos Aires Underground. Modernisation and operation of Paraná - Paraguay Waterway.
Colombia:
Canoas Wastewater Treatment plant, Aerocafe Airport Project, Dorada – Chiriguaná Freight Railway and Regiotram (Bogotá Northern Light Rail Project)
Costa Rica:
Electric train, new metropolitan aqueduct, healthcare and road infrastructure.
Opportunities for UK Companies
DIT Latina America and the Caribbean has identified opportunities
• Project, programme and cost management
• Financing schemes (PPPs, BOT)
• Architectural design
• Digital Construction
• Master planning/engineering services
• Consultancy services
• Flood prevention & mitigation
• Rolling stock
• Signalling
• Bridges
For more advice and support on how to grow your business overseas, please visit: www.great.gov.uk
