Project Insight - Road Construction Projects: The Americas
There is an estimated US$836 billion backlog of capital expenditure requirement for highways and bridges in the US. The report provides detailed analysis, information and insights based on 641 CIC projects in the Americas market. This report provides detailed analysis, information and insights based on 641 CIC projects in the Americas, including detailed metrics on the region's road construction projects (as tracked by CIC) split by country and value. Country profiles are provided for the top 10 countries including The US, Brazil and Canada.
Timetric’s Construction Intelligence Center (CIC) is currently tracking road-related construction projects in the Americas with a total value of US$315.2 billion, which includes projects from the announced to execution stages. If all projects proceed as planned, spending will reach US$47.9 billion in 2019 and will reduce to US$24.0 billion in 2021. The highest value of project completions will be in 2020, with a value of US$57.2 billion. The US accounts for the highest value of the project pipeline, with a value of US$150.3 billion, followed by Brazil with projects valued at US$48.5 billion. The two highest value projects are the US$15 billion Long Island Cross Sound Link in the US and the US$8.0 billion Autopista De La Prosperidad Development in Colombia. Leading contractors in the region are Granite Construction Inc and Kiewit Corporation.
The report provides analysis based on CIC projects showing total project values for the Americas and analysis by stage and funding for the top ten countries. The top 50 projects are listed for the region giving country, stage, value and km length if known. Ranked listings of the top participants for the sector are also provided showing the leading contractors, consulting engineers and project owners.
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