Three of Latin America's largest economies - Brazil, Colombia and Peru - are targeting a total of €28.8 billion of private investment in infrastructure over the next two years. The projects will cover the road, rail, air, port, energy and hydrocarbons sectors. Peru has 51 infrastructure projects worth €7.1 billion that it plans to let as concessions, while Colombia estimates that €37.5 billion needs to be invested in infrastructure over the next ten years, and currently has four major initiatives in the pipeline worth an estimated €21.6 billion. Meanwhile, Brazil plans to tender more than 5,000km of federal highways over the next two years. November is expected to see the start of construction on two projects totalling 1,750 km, with an investment value of €1.76 billion.
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