Redlands, California, USA, 29 November 2006 – ESRI has announced that it has entered a strategic alliance with CG/LA Infrastructure LLC, a Washington, D.C.-based company dedicated to promoting and supporting infrastructure development in Latin America aimed at quadrupling the current level of investment for infrastructure development projects in the region.
The alliance will help CG/LA in its project development efforts by allowing, through the use of GIS technology, the mapping and tracking of projects critical to the economic growth of Latin America. Specific sectors that will be affected by this alliance are water and wastewater, power generation, oil and gas, transportation and logistics, mining, and digital infrastructure.
“Latin American infrastructure is currently a $35 billion business, and with ESRI’s help we believe that we will be able to catalyze market growth, so that within five years it will be a $140 billion marketplace,” said Norman Anderson, President and CEO of CG/LA Infrastructure.
“To sustain and improve current growth rates, Latin America needs to invest 5 to 6 percent of its regional gross domestic product in critical infrastructure. After this year’s intense political election cycle, 2007 is going to be the year of infrastructure in the Americas.”
– About CG/LA Infrastructure
Founded in 1987, CG/LA Infrastructure LLC focuses on infrastructure project development in developing countries. Originally focused on Latin America, the firm has expanded globally and sees infrastructure as absolutely critical for country and regional competitiveness. Clients include leading U.S., European, Asian, Middle Eastern, and Latin American infrastructure-related companies. Visit www.cg-la.com.