$50.4 Billion In Infrastructure Projects Announced
Houston, TX — The 7th Annual Latin American Leadership Forum announces the Top 50 infrastructure projects in Latin America, to be presented by project developers from throughout the Americas on April 27 to 29, in Houston, TX. Total project value exceeds $50 billion, across 10 infrastructure sectors, with total job creation of 2 million jobs/year. VIP's from around the region are participating, including the governor of São Paulo, Brasil, and the CEO of the Panama Canal Authority.
"What we are seeing is an explosion of infrastructure project opportunities in the region," according to Norman F. Anderson, President & CEO of CG/LA Infrastructure, the Leadership Forum organizer. "The public and private sectors throughout the region are making a serious decision to double the level of infrastructure investment, and build their way out of the crisis." The 500+ executives participating in the Forum include executives from leading oil & gas firms, including Pemex and Petrobras, along with global engineering/construction and technology/equipment firms. "The Forum is specifically designed to bring them all together," according to Anderson.
Top Projects from the 10 Critical Infrastructure Sectors:
Project selections are based on two fundamental criteria: They must present specific business opportunities over the next 3 to 12 months; and must be critical to the country or region's competitiveness. The 10 critical infrastructure sectors are:
- Strategic/Transformational - US$10.17 billion, Including the $5.2 billion Panama Canal Expansion, presented by Alberto Aleman Zubieta, CEO of the Panama Canal Authority;
- Electricity Generation - US$11.63 billion. Including CFE's cogeneration projects in Mexico (Salamanca Plant) and Brazil's CPFL investment program;
- Oil & Gas - US$14.73 billion. Including the $3.5 billion PEMEX Chicontepec exploration project, and exploration opportunities in the Gulf of Mexico, Brazil and Guatemala;
- New Generation - US$316 million. Including more than $500 million in wind opportunities in Mexico, and additional projects from the Dominican Republic;
- Water & Wastewater Treatment - US$1.319 billion. Including major wastewater treatment projects in Mexico, the Dominican Republic, Costa Rica, and Brazil;
- Urban Mass Transit - US$3.21 billion. Including major projects from Mexico, San Jose's Metropolitan Electric Train (Costa Rica) and Brazil's World Cup projects;
- Ports & Logistics - US$2.27 billion. Including the development of Mexico's Multimodal Corridor covering the entire extension Mazatlan - Durango – Matamoros;
- Highways - US$4.78 billion. Including two $1.5 billion highway concessions from Brazil and Mexico, and two world-class concessions from the Dominican Republic;
- Digital Infrastructure/Smart Grid - US$654 million – Including a complete electrical transmission system expansion within Guatemala;
- Tourism - US$1.39 billion. Including the ambitious Huatulco Project in Mexico.
This year's Leadership Forum registrations are up 40% over last year, with Houston proving to be an ideal host for the Forum, given the city's dynamic and creative infrastructure culture.
Leadership Forum Sponsors:
Sponsors of the 7th Annual Latin American Leadership Forum are leading infrastructure, finance, and equipment/technology firms worldwide, including – Platinum sponsors: CAF (The Andean Development Bank), IDB (The Inter-American Development Bank), Bancolombia, and Patriarch Partners; Gold sponsors: Banco de Cordóba, Citigroup, IE Singapore, MIGA-World Bank, Panprojects Panalpina, ProMéxico and the Port of Houston Authority; Silver sponsors: Aggreko, Ansaldo, Denali Inc., MD Helicopter, Oasis Inc, Paraguay's Ministry of Public Works and Communications, and Snelling. The Government of the Dominican Republic through the CEI-RD, Secretaría de Estado de Turismo, and Secretaria de Estado de Obras Públicas y Comunicaciones (SEOPC) are the exclusive Platform Sponsor for the Leadership Forum.
The Region's Global Network for Competitiveness & Equity
CG/LA Infrastructure LLC, the world leader in strategic infrastructure project identification and development (www.cg-la.com), created the Leadership Forum in order to bring infrastructure projects to life, for equipment sellers, technology firms, service providers, EPC firms and investors, through more than 60 discrete presentations, a series of high-level keynotes, trend-spotting panel presentations, 6 workshops, and more than 2,500+ pre-scheduled private meetings. CG/LA also manages the North American Strategic Infrastructure Leadership Forum and the Global Infrastructure Leadership Forum.
SOURCE: CG/LA Infrastructure LLC