Latin America airport construction and investment activity continues - but Brazil slows
Latin America continues to provide new infrastructure to cope with the projected growth, but while there the continent accounts for 14% of the world's airport projects, that translates to only 4% of the investment dollars, according to CAPA's Airport Construction & CAPEX database.
Brazil was the centre of much attention in 2012-2014, with high cost airport privatisations, failure to complete some construction projects for the World Cup and latterly the re-election of the incumbent left-leaning President, Dilma Rousseff. But, in response to a public backlash against the spending, this may well signal a delay to the privatisation progress there for now until a review into the structure of Infraero is completed.
But the airport construction and investment activity elsewhere across the Latin American continent is attracting worldwide attention.
The following report measures the scale and nature of development and describes individual construction jobs and transactions.
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