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Proactive in promoting large-scale infrastructure projects
Pacific Alliance countries (Mexico, Chile, Colombia, and Peru) are attempting to actively increase foreign investment and liberalise trade, and it is expected that they will be particularly proactive in promoting large-scale infrastructure projects.
The lack of infrastructure, specifically wide paved roads made with high-grade asphalt, makes it extremely expensive to ship goods domestically in the Pacific Alliance countries. This situation has led both exporters and importers to lobby for modernising the national transport grid. In response, governments have pledged to increase funding for infrastructure investment, which is estimated to be upwards of $1.5 Trillion across the region.
Source: FIATA
