The road infrastructure maintenance spending in Chile has demonstrated fluctuating trends over the past decade. Starting from 677.48 million euros in 2013, expenditures saw significant variation with noteworthy increases in 2015 (52.71%) and subsequent moderation. 2023 concluded with maintenance spending at 954.56 million euros, reflecting a 2.7% year-on-year increase. Over the previous five years, the compound annual growth rate (CAGR) averaged at 2.16%, pointing towards a steady albeit modest upward trajectory.
Future projections suggest a continuation of this trend, with maintenance investments expected to rise to 1,072.8 million euros by 2028, following a CAGR of 1.84% over the next five years.
Trends to watch for:
- Increased focus on sustainability and climate resilience in infrastructure projects.
- Potential economic impacts from fluctuating global markets and local fiscal policies.
- Technological advancements driving cost-effective and efficient maintenance practices.