MercoPress. South Atlantic News Agency
Latam needs to invest 2 trillion dollars in infrastructure in next 20 years
Latin America will need 2 trillion dollars investment in the energy sector during the coming twenty years to sustain its development growth, according to a conference on “Energy: a vision of the challenges and opportunities in Latin-American and the Caribbean” sponsored by Latam Development Bank, CAF. Read full article
Comments
Disclaimer & comment rulesThis is true, if we wish to end up like Europe...
Nov 03rd, 2013 - 04:07 am - Link - Report abuse 0No. I say lets grow sustainable and not for the sake of growing.
Lets build what we need and not out of need.
Lets trade goods, and not employment...
Not a bad goal to match up Europe. It is not happening, however. Maybe we at LatAm can aim to match USA infrastructure, for about just one trillion dollars. It´s cheap. Or strive to reach China´s level, but that will be expensive, 4 or 5 trillions.
Nov 03rd, 2013 - 05:41 am - Link - Report abuse 0@1 Perhaps latam could start by aiming low. Trying to match the UK economy , for example. Nah, too ambitious. Perhaps Luxembourg?
Nov 03rd, 2013 - 11:27 am - Link - Report abuse 0@ 1 Stevie
Nov 03rd, 2013 - 12:50 pm - Link - Report abuse 0How do countries “grow” to satisfy the growing population Stevie, when the infrastructure does not allow their trade goods to be delivered because the roads are non-existent and the railway no longer works?
Please do not insult my intelligence by doing a TTT on me by saying they don’t need to grow, people will always have children.
Do you know why money was invented? It was for TRADE, the very thing you say you want.
Take Uruguay, 3M people, very little industry to make what is NEEDED, never mind what the people WANT. How, in your Utopian world do we get what we need to live and cloth ourselves?
Money solves that problem in a stroke does it not? How would YOU solve having no money to trade with, because what you suggest would result in no money, none that anybody else wanted anyway?
Just for a laugh, how would you make all the windmills that you want destroying the lovely landscape and what (when the wind blows) would they drive? Is UYU going to make washing machines, televisions, even light bulbs?
You are really losing it with this nonsense, try getting into the real world with the rest of us.
The more Stevie posts the more I am sure he's never been to South America.
Nov 03rd, 2013 - 01:21 pm - Link - Report abuse 0”build roads when we need them and can pay cash?? Is that what you are saying?
Because they have 1 decent paved road from BA to MDP and BA to Rosario and BA to ER..ONE. Ya think that is enough to grow?
Gads what a retard.
Stevie's so called job seems to give him a lot of downtime . He is just a Quisling employed by the RG government as a Fifth Columnist against his own professed country
Nov 03rd, 2013 - 09:02 pm - Link - Report abuse 0Highly market speculative new.
Nov 04th, 2013 - 01:15 pm - Link - Report abuse 0I can realize almost all LA infrastructures in 500/600 billions $.
@7
Nov 04th, 2013 - 09:27 pm - Link - Report abuse 0Max, are you the Cheif Economist of Latam countries by any chance?
Pray tell us how you got to the above figure. Just curious.
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