The construction of transnational territories in Latin America, dominated by the international financial capital, develops and imposes a governance space at different geographic scales. As a neoliberal project it debilitates the economy of the region and subjects it to the volatility of the speculative capital, which lacks of territorial sense and is of easy mobility in front of the social, economic and political tensions that put it in risk. The aim of the investigation is to systematize and enclose all what occurs in the territorial construction process of the region, considering the objectivity in the analysis of a reality historically determined by external agents of the Latin American territory. This study contributes to the debate about territory management, in a region where theory has subordinated to empiric works, and the reflections and the proposals about an own future have been replaced by the adoption of imported models. Attention is given to the new conceptions of development implemented in Bolivia, Ecuador, Venezuela and Argentina, due to they are constituted in an important field for thinking and acting on territorial processes.