InvestChile Blog

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

Accor Hotels recover occupancy levels in South America

InvestChile - September,13,2021

In August, the region reached an average occupancy of 44%. Brazil led with 60%, followed by Chile and Colombia, both with 55%, finishing with Peru (40%) and Argentina (20%).

Topics: Accor- Tourism Infrastructure- Tourism in Chile- hotel- French Companies- French investment- French investment in Chile

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Chilean products with seal of origin that travel the world

InvestChile - September,9,2021

In Chile, there are 36 products with protection against unfair competition.  

Topics: Inapi- Food Industry- Foods- Healthy Food- Seal of Origin- Chilean Food

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OECD: Chile among the countries with the highest growth in fiber optic

InvestChile - September,7,2021

The South American country ranks sixth among the organization’s 38 member states, behind Belgium, Austria, Israel, Ireland and the United Kingdom. 

Topics: Optical Fiber- Digital Infrastructure- Connectivity- Internet- OECD- Technological Infrastructure- FIBER OPTIC

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Chile launches new manual for global services exports

InvestChile - September,2,2021

Chile, which has 21 chapters dedicated to the service sector in its current trade agreements with 56 economies, has now launched the first “Manual for Service Exports and Free Trade Agreement Opportunities.” 

Topics: global services- Trade- Subrei- global services export- Trade Agreement- Free trade agreement- service exports- FTA

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Chile’s new green hydrogen projects

InvestChile - August,24,2021
As Enaex and Engie filed the environmental paperwork for one initiative, GNL Quintero, Enagás and Acciona Energía announced a US$30 million investment to build a plant at the GNL regasification terminal.   

Topics: Clean Energy- renewable energy- Energy- Acciona- Hydrogen- Engie- GNL Quintero- Enagás- Green Hydrogen- Renewables- Enaex

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Bank of America prepares to open new business in Chile

InvestChile - August,19,2021

This Wall Street giant became interested in Chile after its Central Bank authorized the internationalization of the Chilean peso. Its main goal is to support its clients in foreign exchange operations.  

Topics: Fintech- Banking- Central Bank of Chile- Finance- Bank of America- Wall Street- banking in Chile

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Mercado Libre quadruples its capacity in Chile with a new storage center

InvestChile - August,18,2021

The Argentine company has inaugurated a 43,000 m2 storage space, which will be used in its entirety for the electronic commerce of the products of millions of companies, SMEs and startups.  

Topics: e-commerce- Logistics- Mercado Libre- Latam- Argentinian companies in Chile- Storage center

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NotCo: What’s next for this new Chilean unicorn

InvestChile - August,17,2021

The Chilean company that manufactures plant-based products has been valued at US$1.5 billion. After raising US$235 million in a new financing round, CEO Matías Muchnick talks about the three priority areas that lie ahead.  

Topics: Food Industry- Foods- Healthy Food- NotCo- The Not Company- Foodtech- startup- Unicorn

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The seven key ways foreign direct investment impacts the Chilean economy

InvestChile - August,11,2021

While foreign companies represent less than 10% of the total number of companies in Chile, they represent 51% of the total taxes paid, 30% of the formal job market, 65% of exported goods and 85% of the country’s exported services.

Topics: Foreign Investment in Chile- FDI- Study- Foreign companies- REPORT- FDI Benefits

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Why Sinovac fast-tracked its decision to set up in Chile

InvestChile - August,10,2021

The Chinese company will install a fill & finish plant in Chile that will produce more than 60 million doses of this vaccine and develop other vaccinations. It also announced that it will construct an R&D center in northern Chile.

Topics: FDI- Chinese investment- Coronavirus- covid- Chinese companies in Chile- Science in Chile- Sinovac- biotech

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Circular economy to generate 100,000 green jobs in Chile by 2030

InvestChile - August,9,2021

Job sources are expected to come from new recycling plants, compost trucks and product repair services.  Besides, Chile is leading the way to develop the value chain associated with a sustainable packaging industry. In this context, InvestChile and Fundación Chile are organizing the webinar ‘Plastic Recycling Infrastructure: Investment Opportunities in Chile.'

Topics: circular economy- recycling- Recycle- Jobs- Green Jobs- Green economy

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Chilean startup to improve salmon harvest using AI

InvestChile - August,4,2021

This project aims to improve the performance of Camanchaca salmon farm, keeping in consideration variables such as salmon production capacities, demand and price. 

Topics: Food Industry- Salmon- Artificial Intelligence- Foods- Healthy Food- Foodtech- Food Technology- startup- Camanchaca- Salmon farm

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The Export-Import Bank of China to open its first office in Chile

InvestChile - August,2,2021

This is the third Chinese financial institution to arrive in Chile and its mission is to support Chinese companies in foreign trade and investment.

Topics: international trade- China- Chinese investment- Banking- Chinese companies in Chile- China Construction Bank- China Exim Bank- Bank of China

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Latin America is on the radar of large investment funds

InvestChile - August,2,2021

Financial support, contacts, incentives and international relations are some of the benefits received by national startups when supported by these entities that are showing increasing interest in investing in new projects in the region.  

Topics: Entrepreneurship- Venture Capital- business accelerator- Venture Capital in Chile- startup- Investment Funds

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COVID-19: Chile announces partial border opening

InvestChile - July,30,2021

In order to contain the arrival of new COVID-19 variants, foreign non-residents will remain prohibited from entering Chile. Chileans that hold a Pase de Movilidad (mobility pass) will be able to leave the country.  

Topics: Airports- Tourism- Business tourism- Travel- Flights- Coronavirus- COVID-19- covid- Paso a paso

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Chile will provide 1,400 scholarships for IT retraining

InvestChile - July,29,2021

These are free, online programs for people who are unemployed or self-employed.  The courses are intensive, last from 2 to 4 months and help people to switch over from any trade or profession to IT programming and design.

Topics: global services- Global Competitiveness Report- global services export- Talento Digital- Talento Digital para Chile- Digital Talent- scholarship- IT

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China leads investor visas

InvestChile - July,27,2021

Between 2014 and May 2021, 14,215 investor visas have been issued. Of these, 53% have been issued to Chinese nationals. This number coincides with the increase in Chinese investments in Chile.  

Topics: Visas- Foreign Investment in Chile- China- Doing Business in Chile- Chinese investment- Chinese companies in Chile- Investor visa- Work visa

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Mainstream to double its current capacity with new energy projects

InvestChile - July,22,2021

The company, backed by Norwegian and Irish capital, will add solar and wind projects with a 1 GW production capacity to its portfolio through a US$ 1.5 billion investment. 

Topics: Clean Energy- renewable energy- Energy- Mainstream- Norwegian investment in Chile- Energy infrastructure- Renewables- Irish investment in Chile

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Lego opens its largest Latin American store in Chile

InvestChile - July,20,2021

The Danish toy brand plans to invest US$2 million in opening stores across Chile. 

Topics: Foreign Investment- Retail- Foreign companies- Lego- Danish investment- store- opening

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Family Offices and Chilean VC funds meet in strategic program

InvestChile - July,19,2021

The Scale VC Program, promoted by Endeavor and InvestChile, aims to impart knowledge to Chilean investors, connecting them with foreign investment funds so they can share experience and expand their networks, thereby accelerating venture capital investment in Chile.

Topics: Start-Up- Venture Capital- InvestChile- Endeavor- Venture Capital in Chile- Family Offices

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