Airport Construction Is Taking Off

Timetric's Construction Intelligence Center (CIC) is currently tracking airport construction projects in the Americas with a total value of $135.9 billion, comprising projects from the announced to execution stages. Contractors who keep an eye on this market could benefit greatly from the amount of projects happening.

The top 10 countries in terms of the value of their projects’ pipelines account for 99 percent of the total value of airport construction projects in the Americas. These are, in order of project value, the U.S., Brazil, Mexico, Canada, Costa Rica, Peru, Chile, Colombia, Panama, and Venezuela.

The amount of projects present a good opportunity for many contractors. At the same time, many of these types of projects are requiring new methods and technologies to help build “smarter” airports, which will be a key consideration for many construction companies going forward.

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