International trade experts have come forward to say that at present there is no better time for business growth in Latin America. The region is showing signs of recovery after a six-year downturn. Investors need to take advantage of the renewed energy in the business sectors and ensure this burst is long-lasting and sustainable. Th greater integration between public and private sectors in business across Latin America, and the consistency of what countries need investment in to as points to why the future looks bright.
There is a consistent need for infrastructure upgrades across Latin America can help create a self-sustaining, multi-national economic boom across the region, with companies learning skill in one country, and translating them into more specific tasks in another. Business sectors such as communication, roads and power transmission can help Latin American companies develop transferable skills that will provide a holistic boost to the region as a whole, allowing business to grow through each other and provide not only jobs, but benefits to the wider communities as a whole.
The mixed nature of major Latin American companies, such as the Colombian government’s 62% stake in the major utility company ISA allows their business to potential to ride out any global uncertainty. The current world is not the most stable of predictable. By ensuring these major companies have a solid foundation, we can ensure that not only can they continue to provide basic services, they have a strong base to grow upon and work together, ensuring that Latin America as a whole advances as it should.