BY CHRONICLE STAFF
Latin America's commodity boom is helping drive the growth in infrastructure, but the region is still spending eight times less on infrastructure than
"Anything related to commodities is driving projects, and driving opportunities," says Norman Anderson, president and CEO of CG/LA Infrastructure, a U.S.-based consultancy. "
CG/LA Infrastructure is organizing its sixth annual Latin American Leadership Forum in
"We feature projects for which there is immediate demand, because these are projects that are going forward - the São Paulo ring road, the Panama Canal, Colombia's port of Buenaventura and Valparaiso in Chile - but we are also focused on identifying critical projects that will both sustain this growth, and create wide opportunities for people," Anderson says.
Other major projects at the conference include the $7 billion Baja California multimodal project, the $4.5 billion Madeira Hydro Complex in Brazil, the $2.5 billion Valley of Mexico Wastewater project, the $2 billion Linea 12 Metro Project in Mexico, the $1.5 billion Cedae 2020 Water Project in Brazil, $the 1.5 billion development of the Cap Cana tourism resort in the Dominican Republic, the $950 million Americo Vespucio East Highway in Chile and the $600 million metro in Dominican capital Santo Domingo.
Anderson sees great potential, and necessity, in water/wastewater treatment; electricity generation - the region is confronting a severe fuels crisis,