Government efforts to implement its newly-passed PPP programme coupled with improving business sentiment towards the Argentine construction market, will see private investment play a more prominent role in supporting infrastructure development over the coming years.
The participation of major international construction firms in the prequalification process for the USD1.5bn Agua Negra Tunnel supports our expectation that the major project will move forward. The strong interest of major construction companies from China in the project is in line with our longstanding view that Chinese firms will take on a more important role in the Latin American infrastruct...
Plans by a major public healthcare provider to boost spending on healthcare infrastructure will provide upside potential to our forecasts for Costa Rican construction sector growth from 2018, supported by recent progress on the creation of a key USD450mn infrastructure fund.
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Thanks, BMI Research