InvestChile Blog

FDI news | Policies & Tools | Business data analysis | Investment location trends

IMF: Chile will be the first country in the region with a per capita income of US$30,000

InvestChile - December,6,2018

During the current government, the country is forecast to see an increase of close to US$4,600 in GDP per capita, measured in terms of purchasing power parity, over double the increase under the previous government.

Topics: development- economy- Chile

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Chile signs technology transfer agreement with Pacific Alliance

InvestChile - December,5,2018

Representatives of Chile, Colombia, Mexico and Peru have signed an agreement to establish a network of technology transfer offices in a bid to facilitate coordination and cooperation on innovation and entrepreneurship. 

Topics: Start-Up- technology- Innovation- development

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World Economic Forum expert talks about the challenges of the Fourth Industrial Revolution for Chile

InvestChile - December,4,2018
Anne Marie Engtoft, who was invited by InvestChile, urged investment in digital transformation. “If we don’t, in a couple of years, the changes will be so big they will become overwhelming,” she said

Topics: 4IR- World Economic Forum- InvestChile Talks

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Climatescope 2018: Chile leads international renewable energy ranking

InvestChile - December,3,2018

Measures such as public policies, investment and a commitment to decarbonization position the South American country in top place out of 103 countries.  

Topics: NCRE- renewable energy- photovoltaic solar energy- wind power- Ranking

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The digital economy accounts for 22.2% of Chile’s GDP

InvestChile - November,30,2018

According to estimates by Accenture, this is equivalent to some US$55,000 million. Chile scored 33.1 points in the Digital Economic Value Index in which it led the region, thanks to its high adoption of digital technologies, accelerators and digital talent.

Topics: Start-Up- Digital Economy- Innovation

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These are Chile’s most innovative companies in 2018

InvestChile - November,28,2018

The companies were evaluated for their capacity to innovate and act in pursuit of their business objectives, transforming innovation into a practice that forms part of their DNA. The list includes companies of different sizes, some of them from overseas.

Topics: Innovation- Start-Up- R&D

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Eight years of Start-Up Chile: projects achieve market value of US$1,400 million

InvestChile - November,20,2018

The start-ups supported by the local accelerator have a survival rate of 54.4% while retention in Chile is led by Argentine companies (18%). The accelerator is embarking on a new stage focusing on enterprises’ economic impact.

Topics: StartUp-Chile- Start-Up- Entrepreneurship- Venture Capital

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Renewable power generation in Chile exceeds 20% for two consecutive months

InvestChile - November,14,2018

The contribution of NCRE sources has increased rapidly in recent years, thanks to the start-up of new projects. In 2013, these sources accounted for 6% of the matrix and are expected to reach up to 18% this year.

Topics: NCRE- photovoltaic solar energy- wind power- renewable energy

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R&D: the investments of Cargill in Chile

InvestChile - November,6,2018

The company was one of the pioneers of the successful use of Chile’s Research and Development Law, a tax incentive that seeks to improve firms’ ability to compete. 

Topics: R+D Law- Innovation- Food Industry- biotechnology

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InvestChile launches first Investor’s Guide in Mandarin

InvestChile - November,5,2018

In activities in Beijing and Shanghai, the Foreign Investment Promotion Agency presented a new publication to facilitate Chinese companies’ investment in Chile.

Topics: Foreign Investment in Chile- China

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Data consumption in Chile: mobiles devices account for 85% of Internet access

InvestChile - October,25,2018

Analysis of official figure shows that mobile traffic grew by 105% in a year as compared to 40% for fixed lines.

Topics: Conectivity- global services- technology- Infrastructure

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Driven by Chinese demand, exports of cherries and blueberries beat record

InvestChile - October,23,2018

According to official data, the main destinations for products of this type are China, Taiwan, Hong Kong and the United States.

Topics: Food Industry- international trade- China- Fruits

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WEF: Chile rises in global competitiveness ranking and leads Latin America

InvestChile - October,18,2018

Chile, whose macroeconomic stability is highlighted in the World Economic Forum’s report, ranks well ahead of Mexico, Uruguay, Costa Rica and Colombia.

Topics: WEF- Global Competitiveness Report- Latin America- Rankings

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World Bank: Chile has the best human capital in Latin America

InvestChile - October,15,2018

In its new Human Capital Index, the World Bank concludes that children born in Chile today will, when grown up, be 67% as productive as they could be if they enjoyed complete education and full health.

Topics: Human Capital- World Bank- Latin America

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IKEA: Expansion in South America will be the fastest and largest in the company’s history

InvestChile - October,12,2018

The Swedish giant plans to expand to 12 new markets over the next few years and would arrive to Chile at the end of 2020.

Topics: Retail- Ikea- Foreign Investment in Chile- Doing Business in Chile

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Chile greenlights Latin America’s largest desalination plant

InvestChile - October,11,2018

The solar-powered desalination plant will have a maximum capacity of 2,630 litres of water per second, with an initial investment of about $500 million.

Topics: Mining- Solar energy- Infrastructure

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Norway’s PatoGen opts for Chile for its international expansion

InvestChile - October,8,2018

The company, which develops products and services related to fish health, has announced that it will be opening offices in “key markets” and has chosen Puerto Varas in Chile and Oban in Scotland for its new operations. 

Topics: biotechnology- Salmon

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Chile begins reduction of airport departure tax

InvestChile - October,3,2018

The tax for domestic flights will immediately drop by 20% and, for international flights, be cut from US$30 to US$26.

Topics: Airports- Tourism- Doing Business in Chile

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Miners around the world turn to green power options

InvestChile - October,3,2018

Using renewables is helping the industry cut costs and reduce polluting emissions. It is a concern that is growing among some of the largest consumers of raw materials, some of whom are keen to burnish their environmental credentials.

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Large LSST telescope starts to take shape in the north of Chile

InvestChile - October,1,2018

Its construction is the most advanced among the South American country’s three new mega observatories and it is expected to start operating in 2020.

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