InvestChile Blog

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Oracle announces opening of its first Cloud Region in Chile

InvestChile - December,29,2020

The US company indicated that it selected Chile as a pioneer in the adoption of public cloud services and due to the large increase on customer demand.

Topics: Foreign Investment in Chile- Digital Hub- Oracle- Cloud Region

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Microsoft announces its largest investment in Chile in 28 years: The company will install data centers in the country and implement a plan of digital reactivation

InvestChile - December,14,2020

The initiatives will generate US$11,300 million in income and create 51,000 jobs.

Topics: Foreign Investment in Chile- Digital Hub- Data Center- Microsoft

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Spain’s Nabiax to expand its data center in Paine

InvestChile - December,7,2020

The multinational plans to build two new IT rooms to expand the capacity of its data center to over 2 MW.

Topics: Foreign Investment in Chile- Digital Hub- Data Center- Nabiax

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Atlas Renewable Energy plans to invest US$4,000 million in Latin America

InvestChile - November,11,2020

A third of the regional investment plan will go to Chile over the next four years, the company’s general manager in Chile, Alfredo Solar, told PAUTA.

Topics: Foreign Investment in Chile- Energy- Atlas Renewable Energy

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Asian, European and local companies present proposals for financing the Chile-Asia cable

InvestChile - November,9,2020

The government has received around 20 financing proposals for the transoceanic cable. KPMG has managed negotiations with investors.

Topics: Foreign Investment in Chile- global services- Submarine cable

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Green hydrogen will create 100,000 jobs and generate US$200,000 million in investment over the next 20 years

InvestChile - November,4,2020

Chile’s green hydrogen strategy, which was launched yesterday, has three objectives: to produce the world’s cheapest green hydrogen by 2030, to be among the three largest exporters by 2040, and to have 5 GW of electrolysis capacity under development by 2025.

Topics: Foreign Investment in Chile- Clean Energy- Green Hydrogen- Energy Ministry

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Mainstream obtains US$280 million to continue implementing renewable energy projects in Chile

InvestChile - October,20,2020

The initiative forms part of Andes Renovables, a wind and solar generation platform worth approximately US$1,800 million.

Topics: Foreign Investment in Chile- Solar energy- wind power- renewable energy- Energy- Mainstream

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Mercado Libre inaugurates distribution center in Chile: Investment reaches US$100 million

InvestChile - October,15,2020

The company expects to create 5,000 jobs directly and indirectly.

Topics: Foreign Investment in Chile- global services- Mercado Libre- Distribution center

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Enel Green Power announces first green hydrogen project in Chile

InvestChile - October,13,2020

The project is expected to start operation in 2022.

Topics: Foreign Investment in Chile- Energy- Green Hydrogen- Enel Green Power

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Chile Mulls Financial Aid for Green Hydrogen Projects

InvestChile - October,6,2020

Chile’s government is considering ways to boost the attractiveness of green-hydrogen projects as the biggest copper-producing nation strives to become carbon neutral.

Topics: Foreign Investment in Chile- Chile- Energy- Green Hydrogen

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NotCo raises US$85 million to finance expansion plan and eyes US market

InvestChile - September,10,2020

Amazon’s Jeff Bezos and Biz Stone, co-founder of Twitter, invested in the round of financing that the firm will also use to expand its range of products.

Topics: Foreign Investment in Chile- Food Industry- Foodtech

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Spain’s Opdenergy to enter electricity generation business in Chile

InvestChile - August,24,2020

The company has obtained financing of over US$100 million for non-conventional renewable energy projects in the O’Higgins and Atacama Regions.

Topics: Foreign Investment in Chile- Foreign companies- Electricity generation business- Opdenergy

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Coca-Cola Chile consolidates entry into alcoholic beverages business and signs agreement with AB InBev

InvestChile - August,21,2020

The five-year contract will come into operation within the next three months.

Topics: Foreign Investment in Chile- AB InBev- Coca-Cola Chile

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NESTLÉ Chile commits to the sustainability of the dairy industry

InvestChile - August,10,2020

The company has signed the sector’s first Clean Production Agreement (CPA) in order to continue improving its environmental standards in line with its global undertakings in this field.

Topics: Foreign Investment in Chile- Nestlé Chile- Dairy Industry

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Chile to accelerate infrastructure investments to boost economic recovery

InvestChile - August,7,2020

The economic recovery plan to address the impact of Covid-19 envisages US$8,000 million for the infrastructure sector.

Topics: Foreign Investment in Chile- Infrastructure

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Colombia’s ISA establishes company in Chile through which to expand in highways in its home country and Peru

InvestChile - August,3,2020

ISA has signed a joint venture with a Colombian construction company that will have a starting capital of US$1.3 million.

Topics: Foreign Investment in Chile- Infrastructure- ISA- Intervial

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Ma Zhenzhou, vice-president of Aisino: “We want Chile to be the base from which to expand our business in Latin America.”

InvestChile - July,30,2020

The Chinese technology giant is participating in the race to win the tender for the Civil Registry’s new identification system, identity cards and passports.

Topics: Foreign Investment in Chile- global services- technology- Aisino

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500 Startups global fund invests in scale-up of three Chilean companies

InvestChile - July,28,2020

Chipax, Como Quiero and Agrapp will each receive US$60,000 and will join an acceleration program.

Topics: Foreign Investment in Chile- 500 Startups

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Marcelino Oreja, Enagás: “Our commitment to Chile is long-term. We will continue to try to grow there”

InvestChile - July,28,2020

The CEO of the Spanish company indicated that it has gradually increased its stake in the GNL Quintero regasification plant in which it currently holds 45.4%.

Topics: Foreign Investment in Chile- Energy- GNL Quintero- Enagás

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US company Nisum supports virtual medical attention in Chile

InvestChile - July,24,2020

The technology firm has tripled the productivity of the Teledoc company by developing a platform that automates part of its tasks.

Topics: Foreign Investment in Chile- COVID-19- Nissum- Virtual medical attention

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