Latin Infrastructure Index 2015
Several countries in the ranking improved in transport infrastructure. Photo: Diego Cambiaso/Flickr

Several countries in the ranking improved in transport infrastructure. Photo: Diego Cambiaso/Flickr

10th November 2015

The largest construction projects in the region – Infrastructure Index 2015
By David Ramirez
Coming from a low base due to years of under-investment, several countries made significant progress in transport, which together with higher penetration of telecoms, allowed them to improve overall infrastructure.
 
Infrastructure remains a major obstacle for business in the region, but enhancements continued, according to Latin Trade’s Infrastructure Index 2015, a composite index measuring conditions in the areas of transport, technology, electricity and water in 18 economies in Latin America and the Caribbean.
 
The index increased by 0.66 percentage points this year, to 59.34, as all countries made progress bar Guatemala. The latter lost 3.37 points –falling three places in the ranking, to 13th– principally owing to setbacks in technology (which measures computer, internet, and fixed and wireless telephony penetration) and transport (which measures the quality of different transportation modes, and the cost to conduct foreign trade operations).
 
Notwithstanding, Guatemala remained well above Venezuela, which in 2015 remains the worst in the region for infrastructure, at number 18, albeit some improvements in technology.
For their part, Nicaragua (14th), Honduras (15th), Bolivia (16th) and Paraguay (17th) complete the bottom of the ranking, although both Honduras and Paraguay registered advances, chiefly in transport.
 
Going up in the ranking, …

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