InvestChile Blog

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InvestChile

InvestChile
We are the government agency responsible for promoting Chile in the global market as a destination for foreign direct investment, serving as a bridge between the interests of overseas investors and the business opportunities the country offers and providing world-class services that are in line with the country’s economic development policies.

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Chile seeks to develop a healthy food industry

InvestChile - January,22,2019

The food industry is Chile’s second most important economic sector, accounting for 18% of GDP.

Topics: Food Industry- Chile

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E-commerce: Chile has Latin America’s highest transactions per capita in 2018

InvestChile - January,21,2019

Online purchases in Latin America topped US$71,000 million in 2018, up by 15% on 2017, while, in Chile, they reached over US$5,000 million.  

Topics: e-commerce- Latin America

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A cheery tale of Chilean cherries

InvestChile - January,18,2019

Government help and market forces create a new industry. Thanks mainly to Chinese demand, Chile exported $1.1bn-worth of cherries in 2018, double the value of 2017 and two-thirds that of its much better-known wine exports.

Topics: Food Industry- Cherries- Chinese demand- Exports

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Mining: Use of sea water in Chile’s copper production to triple in 10 years

InvestChile - January,9,2019

The report from the Chilean Copper Commission (Cochilco) estimates a consumption of seawater of 10.82 cubic meters (m3) per second for the year 2029, compared to a current use of 3.28 m3/second

Topics: Mining- Desalination plants- copper

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Foreign Investment: InvestChile's project portfolio grows 82% in 2018

InvestChile - January,7,2019

The inflows reached US$14.1 billion for 277 projects, which will generate 15,408 jobs. Among all sectors, mining stood out with US$4.8 billion of the total investment, which in turn explains Canada's leadership in the analysis by country.

Topics: Foreign Investment in Chile- Foreign Investment- InvestChile- FDI

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Digital economy: The 30 most used applications in Chile

InvestChile - December,31,2018

According to Movistar Chile, Facebook, Google and YouTube head the list of the most used apps, indicating the high penetration of digital platforms in the South American country.

Topics: Ranking- Digital Economy- technology

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Foreign companies stand out for their contribution to gender equity in Chile

InvestChile - December,28,2018

Recruiting and retaining women, as well as people from diverse backgrounds, can make firms more productive and efficient, creating a healthier operating environment. Companies from different sectors have realized this and are promoting policies to encourage female participation.

Topics: InvestChile Mujeres- Gender Equality- Diversity

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Chile to be home to world’s largest gamma-ray observatory

InvestChile - December,27,2018

Europe's intergovernmental astronomy organization is expected to operate by 2025 the research complex in Paranal, which will be 20 times larger and 10 times more sensitive than the structures currently studying this type of radiation.

Topics: ESO- Astronomy- Paranal- ALMA- Observatory

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OECD Investment Chief: "Digital economy will affect investment patterns"

InvestChile - December,21,2018

As part of the InvestChile Talks series, Ana Novik explained the role played today by investment promotion agencies. "Chile plays an important role in our network of investment agencies," she said.

Topics: InvestChile Talks- Foreign Investment- OCDE

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Chile-driven trend: Electric vehicles prepare for launch

InvestChile - December,17,2018

They take three and a half hours to recharge, they have 250 kilometers of autonomy and their batteries have a useful life of 4,000 charges. These are the 100 electric buses that the Metbus company will deploy in the streets of Santiago in the coming days.

Topics: Energy- electric buses- development- Chile

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2020 Forecasts: Tech professionals in greatest demand

InvestChile - December,11,2018

Big data, blockchain, robotics or cybersecurity? These are just some of the areas of specialization in greatest demand at the moment in the technology sector.  

Topics: Visa Tech- StartUp-Chile

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World Travel Awards: Chile triumphs for third time on adventure tourism

InvestChile - December,10,2018

The prize, awarded by popular vote, highlights the country’s natural advantages for activities of this type.

Topics: world travel awards- Tourism- Chile

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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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