This form of entry of foreign currency rose by 94% from US$347 million in 2007 to US$673 million last year. The data also shows that the average stay of business visitors to Chile has increased from six to ten days.

The platform, which has raised some US$1,000 million, has facilitated the success of companies like JUMP, which was recently acquired by Uber. 

In Brazil, there are 64 initiatives in which large companies support and provide resources to start-ups while, in Chile, there are 28, leaving Mexico in third place, according to a study by Prodem, supported by Wayra. 

Given the right conditions, between 25% and 40% of cars could be electric by 2040.

Economy Minister José Ramón Valente highlighted the entry of US$8,335 million in equity and reinvestment as representing new resources for the economy.

The V International Foreign Investment Forum, which will take place in January 2019, was announced in a ceremony chaired by the Minister of Economy, Economic Development and Tourism, José Ramón Valente.

The project, with a length that could be between 22,000 and 24,000 kilometers, would link Shanghai, Tokyo and Sydney and could transform Chile into the Southern Cone’s main digital hub.

InvestChile held over 30 meetings with companies during four days in Chicago at the IFT Meeting and Food Expo, an event that brings together the main players in the global food industry.

In line with government expectations and thanks to a “strong rebound of confidence”, the Chilean economy is positioned to have the region’s highest growth in 2018, according to the International Monetary Fund.

The University of Atacama’s scientific center will be located on the world’s most active volcano at more than 5,000 meters above sea level.

The importance of these sources will continue to grow in Chile due, among other factors, to the closure of thermoelectric plants.  

According to the Central Bank, US$8,475 million entered the country between January and April, far exceeding the amount recorded in the same period of 2017.

For some time now, data centers have been the undisputed protagonists of news about technology. The enormous demand for online services has already meant an unprecedented level of growth of infrastructure of this type. In this context, Chile is one of Latin America’s most attractive markets for its installation.  

Data centers are not all created equal: some of them serve and survive in the world’s most hostile environments. Here are a selection of facilities which have made extreme adaptations for locations which are above and beyond the everyday. 

As studies begin for the implementation of 5G technology in Chile, new figures show that Chileans’ use of mobile technology continues to grow and, as of March 2018, there were over 12 million 4G connections in the country.

Studies will be carried out to define the best route for the submarine fiber optic cable, its technical conditions and the business model for its operation. This would transform the country into an important player in the region.  

Taking advantage of northern and central Chile’s great solar radiation potential, pilot projects using agrophotovoltaic technology have been implemented with positive results: greater efficiency in the use of the land and less water required for the crops.

In its fourth edition, the study analyzed 36 of the world’s largest and most active pharmaceutical markets, evaluating their attractiveness and competitiveness for the development of the biopharmaceutical industry.

From Chile, the French company exports ingredients derived from fruit and vegetables grown locally and in other countries around the region.

The Bank’s agency will focus on Chinese investment in Chile, local firms in key sectors and Chinese and Chilean exporters and importers.