Latin America’s infrastructure gap has become deeper and wider as economic growth in the region gained speed over the past decade. As international trade intensifies, cities become more populous and energy demands grow, Latin America is desperately trying to keep the pace of infrastructure development in line with that of its economies.
Earlier this year, Paul Riezler, the president of Eurocámara Uruguay, the association that represents chambers of commerce from members of the EU in Uruguay, told newspaper El País that “shipping a container from Europe to Montevideo [Uruguay's capital] costs less than [shipping a container] from Montevideo to [the port of] Rosario, in Argentina.”
