Credit: EnvatoTransport projects should be stable in 2023
Volume already equals and, in some cases, even exceeds 2019 levels, but political and economic risks are considerable
April 19, 2023Infrastructure
GRI Club Infra had access to Fitch Ratings reports - assessing the expected scenario for transport infrastructure projects in Latin American countries during the current year - and the sovereign ratings of nations, which directly impact whether or not investments are conducted.
In this regard, the outlook is stable for most countries, negative for Peru, and positive for Guatemala. Argentina and El Salvador currently have the worst ratings, while Chile - despite the uncertainties and difficulties the nation faces - has maintained its investment grade, with an A- rating.
The report notes the impact of the slowdown in economic growth - alongside external risks such as geopolitical conflicts, high interest rates, and global inflation - in addition to drawing attention to the uncertainties that surround the new leftist governments in the region. Fiscal austerity and the reduction of public debt are essential for strong economic performance in 2023.
Analyzing roads, ports, and airports specifically, the outlook is stable overall and positive for ports, which have maintained a good volume of cargo even during the pandemic and are likely to retain their healthy levels. Airports need more attention, primarily due to reduced liquidity and continuous operational challenges intensified as a result of capital becoming more expensive.
Fill out the form below to receive the complete report compiled by GRI Club in partnership with Fitch Ratings: Latin America 2023 - Infrastructure investment perspectives based on the political-economic scenario.
Written by Henrique Cisman
In this regard, the outlook is stable for most countries, negative for Peru, and positive for Guatemala. Argentina and El Salvador currently have the worst ratings, while Chile - despite the uncertainties and difficulties the nation faces - has maintained its investment grade, with an A- rating.
The report notes the impact of the slowdown in economic growth - alongside external risks such as geopolitical conflicts, high interest rates, and global inflation - in addition to drawing attention to the uncertainties that surround the new leftist governments in the region. Fiscal austerity and the reduction of public debt are essential for strong economic performance in 2023.
Analyzing roads, ports, and airports specifically, the outlook is stable overall and positive for ports, which have maintained a good volume of cargo even during the pandemic and are likely to retain their healthy levels. Airports need more attention, primarily due to reduced liquidity and continuous operational challenges intensified as a result of capital becoming more expensive.
Fill out the form below to receive the complete report compiled by GRI Club in partnership with Fitch Ratings: Latin America 2023 - Infrastructure investment perspectives based on the political-economic scenario.
Written by Henrique Cisman