InvestChile Blog

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

Ascenty confirms construction of data center in Chile with investment of US$70 million

InvestChile - June,4,2019

The center, with an area of over 7,600 square meters, will be located in Santiago’s Quilicura district. The announcement demonstrates that Chile “is positioning itself as Latin America’s leading technological hub,” according to the director of InvestChile, Cristián Rodríguez.

Topics: success stories- Tech investment- Digital Infrastructure- Data Center- Ascenty

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China Three Gorges confirms interest in expanding business in Chile

InvestChile - June,3,2019

The company already has two projects in the hydroelectricity sector and expects to expand in clean energies.

Topics: Clean Energy- success stories- renewable energy- Energy- Chinese investment- China Three Gorges

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Science, Education & Business: The benefits of the Southern Optical Fiber project

InvestChile - May,31,2019

The international impact that the project may have, as well as the digital integration of the almost 300,000 inhabitants of Patagonia, includes the great potential of the far south of Chile for research and science.

Topics: Conectivity- Digital Transformation- Optical Fiber- Digital Hub- Southern Optical Fiber Project- Huawei- Digital Infrastructure

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Wilefko: the poetic brightness of water that generates energy thanks to the sea

InvestChile - May,29,2019

Entrepreneurship in Chile: Wilefko, or “Brightness of Water” in Mapudungun, is a Chilean start-up that has invented a motor able to turn the impacts of thousands of waves into a continuous movement in order to generate electricity. The technology can be used to pump water, supply compressed air, generate electricity and/or desalinate seawater.  

Topics: Clean Energy- renewable energy- Start-Up- Entrepreneurship- Energy- Wave Power

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With an investment of US$9,100 million, Chile bids to become a digital hub

InvestChile - May,24,2019

The Chile tech transformation initiative is based around three key pillars: international optical fiber interconnections, the development of local fiber optics and a 5G tender scheduled for early 2020.

Topics: Digital Economy- Digital Transformation- 5G- Optical Fiber- Digital Hub- Tender

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DiDi: The Chinese transport company that will compete with Uber in Chile

InvestChile - May,20,2019

Initially, it will operate outside the Chilean capital Santiago, specifically in the cities of Valparaíso, Viña del Mar, Concón, Quilpué and Villa Alemana.

Topics: global services- Tech investment- Chinese investment- Smart City- Mobility

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World ranking of smart cities: Santiago leads the region

InvestChile - May,16,2019

According to the study, the Chilean capital had a better evolution and a positive performance on urban planning and the environment.

Topics: Latin America- Ranking- Smart City- Santiago de Chile- World Ranking

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Protera: The start-up that modifies foods and sparks interest in Silicon Valley

InvestChile - May,13,2019

Leonardo and Francia started to experiment in the laboratory at university, coming up with an idea for the global food industry. Today, they sell their developments to multinationals around the world and expect to bill US$3 million this year.

Topics: Food Industry- R&D- biotechnology- Innovation- Start-Up- Artificial Intelligence

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Mining in Chile: Electromobility for large trucks

InvestChile - April,30,2019

By using the LHD model developed by Komatsu, Chile’s El Teniente mine aims to increase its productivity by between 10% and 20%. 

Topics: Mining- Investment Opportunities- Codelco- Komatsu- Electromobility

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Sweden’s Alfa Laval invests in second services center in Chile

InvestChile - April,26,2019

The company, with over half a century in Chile, aims to double the weight of Latin America in its total revenues, taking it to 10%.

Topics: Foreign Investment in Chile- Alfa Laval- Investment Opportunities

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Google submarine cable reaches Chile to link Latin America and California

InvestChile - April,24,2019

Its arrival marks a new milestone in the country’s technological development. It will serve as an ally for the Google data center in Santiago’s Quilicura district as well as improving ease of connection to services like YouTube and Hangouts. 

Topics: Google- technology- Tech investment- Curie- Submarine cable

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Edtech and the educational challenges of the technological revolution

InvestChile - April,15,2019

A study by Endeavor has concluded that educational technology firms have a great opportunity to lead the sector’s transformation and teach the skills of the twenty-first century.

Topics: technology- 4IR- Tech investment- education- Fourth Industrial Revolution- EdTech- Endeavor

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Chilean companies incorporating artificial intelligence at twice the global rate

InvestChile - April,12,2019

Ways of personalizing the manufacture of products and the need to train employees are acquiring importance, says a report by Accenture.

Topics: R&D- 4IR- AI- Accenture- Artificial Intelligence

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Renewable energies can satisfy 86% of global demand for electricity

InvestChile - April,11,2019

A study by the International Renewable Energy Agency (IRENA) forecasts that, if the correct measures are taken, CO2 emissions could be reduced by almost 30% in a decade and by more than 70% by the middle of the century. The good news for Chile is that, a natural resource, photovoltaic solar technology is key.

Topics: NCRE- photovoltaic solar energy- wind power- renewable energy- Energy- IRENA

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Chile among the countries with the most mining start-ups

InvestChile - April,5,2019

The data shows that Chile accounts for 12% of this type of high-impact start-ups, after Australia, the United States and Canada. 

Topics: Mining- Innovation- Start-Up- METS

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Chile to gather data from the heavens to solve problems on Earth

InvestChile - March,27,2019

The aim is to add value to astronomy’s main asset by bringing together its stock of data, which is currently dispersed around the world, and the algorithms used to obtain it. 

Topics: data- Astronomy- Astrodata- science

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5 innovations that will change the Chilean wine industry

InvestChile - March,25,2019

Chile is the fourth largest exporter of bottled wine after Italy, France and Spain. Although it is a key player internationally, producers face the challenge of incorporating R&D in order to be more competitive in an ever more demanding industry.

Topics: Food Industry- R+D Law- Innovation- Wine

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Chile’s reasons for promoting the Women’s Agenda at APEC during 2019

InvestChile - March,21,2019

The measures that the country will be promoting seek to increase women’s participation in non-traditional economic sectors, create indicators to identify gender gaps and draw up strategies to improve women’s access to technology.

Topics: Gender Equality- APEC- Women

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Astronomy: China to install megaproject in Chile

InvestChile - March,18,2019

The two centers to be developed could require an investment of more than US$320 million and are being watched with attention by InvestChile. This would, moreover, be China’s first investment in Chile in the field of science and astronomical exploration.

Topics: Astronomy- Astrodata- Chinese investment- science

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Starbucks and Burger King to strengthen focus on delivery in Chile

InvestChile - March,15,2019

The emblematic coffee chain plans to remodel 20 stores in line with the new concept which will make its debut with an application to create customer loyalty through rewards.

Topics: Digital Transformation- App- Starbucks- Burguer King

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