Industry Segment: Market Brief | Word Count: 81 Words
Attachment: lo

During the last quarter of 2019, almost 500 Industrial Manufacturing capital projects are expected to reach authorization for expenditure (AFE) approval in Latin America, adding a total investment of $24.4 billion. These numbers include the construction of new grassroot plants and the installation of additional capacity at existing facilities as well as different types of modernization, upgrades and other in-plant works.