UK construction companies seeking new markets because of the domestic downturn should look to Brazil and Mexico, says UK Trade & Investment.

The government organisation has published reports highlighting the opportunities in each of the countries, where authorities are said to be planning transport and utilities projects worth about £300bn.

David Howell, of DMH Consultancy, author of the reports, said: “Brazil and Mexico are tipped to become major players in the world economy in the coming decades, but the lack of infrastructure is severely hindering economic growth.

“The governments have committed a total of nearly £300bn to this sector, for projects including airports, telecommunications, water supply, sanitation and electricity production.”

The reports, Building Mexico and Building Brazil, are available from the UKTI construction unit on 0207 215 4802 or peter.cain@ukti.gsi.gov.uk

Source

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