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.
Reasons To Buy
Gain insight into main drivers of activity and forecasts for the road construction sector.
Assess all major projects by value, start date, scope and stage of development for the region and top 10 countries to support business development activities.
Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.
The highest value of projects are at the execution phase with a total value of US$182.4 billion, followed by projects in pre-execution with US$56.1 billion.
Projects in the planning stage amount to US$54.5 billion, while those at the pre-planning stage total US$22.2 billion.
Based on the data available the Americas will add 54,274km of roads.
The US has the highest value project pipeline, with US$150.3 billion, followed by Brazil with projects valued at US$48.5 billion.
Public investment is responsible for funding the highest proportion of projects, with 55%, with joint public and private funding at 42% and only 3% of projects financed solely by private funding.
Assuming all projects tracked go ahead as planned, annual spending on the projects is expected to reach US$47.9 billion in 2019.
The top contractor in the region is the Granite Construction Inc followed by Kiewit Corporation.