InvestChile Blog

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ENAMI calls for innovative companies in lithium extraction

InvestChile - March,18,2024

The National Mining Company of Chile has initiated a Request for Information (RFI) aimed at companies and consortia working on new technological processes for lithium extraction.

Topics: Lithium

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Investing in agritech in Chile: Why is it attractive

InvestChile - March,4,2024

Smart agriculture, water resources management, food traceability, agroinformatics, and agricultural biotechnology are just some of the subsectors with the highest demand.

Topics: AgTech

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Chile’s hotel industry ends 2023 with strong results

InvestChile - February,28,2024

According to a report by Colliers, the occupancy rate for Chilean hotels increased from 49% in 2022 to 51% at the end of 2023, and also compared favorably to 2018 and 2019, when the occupancy rate was 50% and 47% respectively.

Topics: Infrastructure- Tourism

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Foreign companies: Find out how to help rebuild Valparaiso

InvestChile - February,23,2024

Chilean and foreign companies can donate money or goods through the National Reconstruction Fund, and receive tax benefits by helping the area destroyed by recent forest fires.

Topics: Foreign companies

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Discover Tesla's 2 upcoming electric car models for the Chilean market

InvestChile - February,8,2024

Tesla will introduce the Model 3 and Model Y in Chile, featuring the most widely-used connector in the country, allowing them to be charged anywhere.

Topics: Electromobility- Tesla

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UAE-based Group ADQ buys Chilean company Verfrut

InvestChile - February,5,2024

The company was valued at US$680 million, including debt. The process still has to go through the regulatory phases. “We look forward to the next stage of our successful journey,” said Romano Vercellino, founder of Verfrut, in reference to the firm’s future.

Topics: Food Industry

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Eramet increases its capital to break into the lithium sector in Chile

InvestChile - February,1,2024

The European group decided to increase the capital of its local subsidiary, Eramet Chile. A month earlier, the company had agreed to acquire the Siete Salares project in Chile for the same amount.

Topics: Mining- Lithium

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RWE submits its first project in Chile for environmental assessment

InvestChile - January,25,2024

The Los Durmientes project, a 244 MW photovoltaic solar farm with a storage option, which will be located in the municipality and Region of Antofagasta, submitted its DIA for processing. It will involve an investment of US$300 million.

Topics: Renewable energy

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UNCTAD: Global foreign direct investment grew 3% in 2023

InvestChile - January,24,2024

New UNCTAD analysis shows global FDI trends defied earlier expectations but highlights that growth was driven by a few European “conduit” economies and raises concerns about the decline in international investment projects.

Topics: Foreign Investment

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Chile presents Smart Permitting System bill

InvestChile - January,17,2024

The reform involves processing authorizations for 37 types of services and involves 16 ministries. It aims to streamline processes, cut processing times and provide more certainty for investment.

Topics: Investment in Chile

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Google will connect Chile and Australia with a new submarine cable

InvestChile - January,15,2024

With a length of more than 8,000 miles, this submarine fiber optic cable will create a strategic connection between South America and the Asia-Pacific region.

Topics: Global services- Submarine cable- Optical Fiber

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Lithium: Five key points in the agreement between Codelco and SQM

InvestChile - January,5,2024

State-owned mining company Codelco will have a majority stake in the new venture to exploit the largest lithium deposit in Chile until 2060. During the first period, SQM will be responsible for the operation.

Topics: Mining- Lithium

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The Economist highlights Chile’s economic performance in 2023

InvestChile - December,28,2023

The English publication analyzed the performance of the 35 OECD countries based on variables such as inflation, GDP, employment and stock market performance, ranking Chile seventh.

Topics: Chilean Economy

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Chile and the European Union sign trade modernization agreement

InvestChile - December,26,2023

This pact strengthens commercial ties and reinforces shared values and fundamental principles, paving the way for a more prosperous and sustainable future for both parties.

Topics: International trade- Chilean Economy- European Union

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Decathlon will have 12 stores in Chile in 2024

InvestChile - December,22,2023

The company opened three shops in the country this year and will expand to Talca and Puerto Montt next year. The firm’s local CEO says that they hope to become «the leading athletic wear brand» in Chile.

Topics: Retail- French investment

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French group Accor plans to add new hotels in Chile

InvestChile - December,20,2023

The company, which has been operating in the country for more than 20 years, announced its plans to add at least seven hotel assets to its portfolio in Chile, which would amount to more than 900 additional rooms.

Topics: Infrastructure- Tourism- French investment

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Tesla prepares to arrive in Chile

InvestChile - December,18,2023

This is the first financial move by the parent company, which has already led Tesla’s incursion into several markets. 

Topics: Lithium- Electromobility

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Oracle will open its second data center in Chile

InvestChile - December,15,2023

This will be in Valparaíso and required an investment of over US$ 100 million.

Topics: Data Center- Oracle

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Chile makes progress on energy storage with 20+ approved projects

InvestChile - December,12,2023

With 23 energy storage projects already approved, totaling an impressive 3,000 MW of capacity, Chile is at the forefront of innovation and efficiency in Latin America.

Topics: Energy- Renewable energy

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The importance of bioceanic corridors for Chile

InvestChile - December,1,2023

More than simply routes, bioceanic corridors are an engine for regional development and the key to Latin American integration. Through its strategic location and openness to global trade, Chile is driving ambitious connectivity projects.

Topics: Infrastructure

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