When the financial crisis originally struck in the United States in 2007, the initial effect in Latin America was muted. That changed last year as the dramatic drop in purchases pounded commodity prices — the backbone of most Latin economies. Moreover, as investors began seeking safe havens the availability of funding shrank as well. Photo: C.J. Schexnayder Sao Paulo's Rodoanel Mario Covas, a 170-km loop encircling Brazil's largest city, is one of the key infrastructure projects officials hope will bolster the country's flagging economy. As a result, since late last year, countries across South America have launched a variety of
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.