Business study mission (South America) : infrastructure and utilities.

• Main Authors: Lim, Teck Leong., Leow, Barnie Yue Chung.
• Other Authors: Low Chuen-Chuen, Valerie
• Format: Theses and Dissertations
• Language: English
• Published: 2010
• Subjects: DRNTU::Business::Industries and labor
• Online Access: http://hdl.handle.net/10356/42469
• Institution: Nanyang Technological University

Since the adoption of market-based open economies in the last decade, Argentina, Chile and Peru have succeeded in privatising their inefficient state enterprises, normalised their external debt situations and achieved admirable economic growths. Rapid economic development, industrialisation and urbanisation, however, have placed significant pressures on their infrastructures. To continue growing their economies amid tight budgetary constraints, these three countries have been actively seeking private development funds from overseas to finance their burgeoning infrastructure needs. Many opportunities can therefore be found in the telecommunications, energy, road, port and airport sectors in the near future as deregulation and the easing of foreign ownership rules continue to sweep the region.