InvestChile Blog

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

FinTech firms report positive numbers despite the pandemic: Income up by 52%

InvestChile - March,26,2021

According to a study conducted by EY and FinteChile, 60% of survey respondents saw their clientbase grow and 71% are seeing an increase in sales.

Topics: Foreign Investment in Chile- technology- Fintech- Finance

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Oracle: “Chile is becoming a hub for foreign investment in technology”

InvestChile - March,24,2021

Oracle Chile CEO Soledad Matos says that this trend “will definitely promote economic recovery.”

Topics: Foreign Investment in Chile- technology- Digital Hub- Oracle

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Santiago accounts for 60% of Equifax´s global digital transformation

InvestChile - March,18,2021

SDC Santiago has outperformed the multinational´s software development centers in Dublin and Atlanta, where products are created and marketed in the 24 countries in which the company operates.

Topics: Foreign Investment in Chile- Digital Transformation- Equifax

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Ideal starts construction of its new distribution center in Quilicura

InvestChile - March,9,2021

The project is part of the US$55 million that its parent company, Bimbo, will invest in Chile over the next two years.

Topics: Foreign Investment in Chile- Grupo Bimbo- Ideal

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WOM to invest US$ 500 million in Chile in the next three years

InvestChile - February,18,2021

The amount includes the US$150 million being disbursed by the 7mn-customer company in Chile’s just concluded spectrum tenders.

Topics: Foreign Investment in Chile- WOM- Telecoms

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Michelin to build new-generation tire recycling plant in Antofagasta

InvestChile - February,17,2021

The first stage of the project will cost US$30 million and will be the company’s largest investment in Chile. In the future, the plant could also recycle tires from other countries such as Argentina or Peru.

Topics: Foreign Investment in Chile- recycling- Michelin

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President Piñera promulgates the Energy Efficiency Law for Chile

InvestChile - February,12,2021

The new regulation marks a milestone in the country's history to achieve carbon neutrality by 2050.

Topics: Foreign Investment in Chile- Energy Efficiency Law

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Chile is the Latin American country with the most potential to attract foreign investment

InvestChile - February,8,2021

In its Global Opportunity Index, the Milken Institute highlights the friendliness of Chilean institutions to foreign investors.

Topics: Foreign Investment in Chile- Milken Institute- Global Opportunity Index

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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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