Widespread social unrest and shifting political winds in Latin America have complicated efforts to pinpoint where project finance work might take place in the region this year.
Yet, lawyers dedicated to Latin America say the pipeline remains intact: The need for infrastructure is simply too great to forgo investment. The Inter-American Development Bank estimates that the infrastructure investment gap in Latin America and the Caribbean is at 2.5% of gross domestic product, or around $150 billion per year.
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