As the world inches deeper into the digital age, Latin America is actively pursuing a transformation to bridge the digital divide and unlock substantial economic growth. Central to this progress is the collaboration with China, a partnership that merges advanced technology with shared ambitions for innovation.
China's involvement spans deploying 5G infrastructure and constructing smart industrial parks, significantly enhancing Latin America's digital landscape. This synergy not only improves connectivity but also nurtures cultural exchange, fosters innovation, and promotes sustainable growth across the region.
Surging Demand for Digital Infrastructure
Despite the strides, Latin America's network infrastructure still lags compared to other global regions. According to the United Nations Development Programme, only 67.3% of households in the region had internet access in 2022, starkly contrasted with 91.1% in OECD countries. However, initiatives to bridge this digital gap are accelerating, fueled by the increasing demand for reliable connectivity and substantial investments in digital infrastructure.
Optical networks have emerged as the region's primary broadband technology, advancing rapidly alongside growing investments. A study by the International Telecommunication Union highlights that a 10% increase in fixed broadband penetration in the Americas could elevate GDP per capita by 1.9%, underscoring the economic incentives for continued digital expansion.
China has become a pivotal partner in this digital transformation. Companies like Huawei have rolled out over 8,000 kilometers of optical fiber in the Amazon rainforest since 2020, providing internet access to 3.7 million people. Similarly, China Telecom has delivered scalable connectivity solutions in Brazil, reinforcing the region's digital infrastructure.
Reference(s):
China, Latin America deepen collaboration in digital transformation
cgtn.com
