In August, the region reached an average occupancy of 44%. Brazil led with 60%, followed by Chile and Colombia, both with 55%, finishing with Peru (40%) and Argentina (20%).

Topics: Accor- Tourism Infrastructure- Tourism in Chile- hotel- French Companies- French investment- French investment in Chile

In Chile, there are 36 products with protection against unfair competition.  

Topics: Inapi- Food Industry- Foods- Healthy Food- Seal of Origin- Chilean Food

The South American country ranks sixth among the organization’s 38 member states, behind Belgium, Austria, Israel, Ireland and the United Kingdom. 

Topics: Optical Fiber- Digital Infrastructure- Connectivity- Internet- OECD- Technological Infrastructure- FIBER OPTIC

Chile, which has 21 chapters dedicated to the service sector in its current trade agreements with 56 economies, has now launched the first “Manual for Service Exports and Free Trade Agreement Opportunities.” 

Topics: global services- Trade- Subrei- global services export- Trade Agreement- Free trade agreement- service exports- FTA

As Enaex and Engie filed the environmental paperwork for one initiative, GNL Quintero, Enagás and Acciona Energía announced a US$30 million investment to build a plant at the GNL regasification terminal.   

Topics: Clean Energy- renewable energy- Energy- Acciona- Hydrogen- Engie- GNL Quintero- Enagás- Green Hydrogen- Renewables- Enaex

This Wall Street giant became interested in Chile after its Central Bank authorized the internationalization of the Chilean peso. Its main goal is to support its clients in foreign exchange operations.  

Topics: Fintech- Banking- Central Bank of Chile- Finance- Bank of America- Wall Street- banking in Chile

The Argentine company has inaugurated a 43,000 m2 storage space, which will be used in its entirety for the electronic commerce of the products of millions of companies, SMEs and startups.  

Topics: e-commerce- Logistics- Mercado Libre- Latam- Argentinian companies in Chile- Storage center

The Chilean company that manufactures plant-based products has been valued at US$1.5 billion. After raising US$235 million in a new financing round, CEO Matías Muchnick talks about the three priority areas that lie ahead.   

Topics: Food Industry- Foods- Healthy Food- NotCo- The Not Company- Foodtech- startup- Unicorn

While foreign companies represent less than 10% of the total number of companies in Chile, they represent 51% of the total taxes paid, 30% of the formal job market, 65% of exported goods and 85% of the country’s exported services.

Topics: Foreign Investment in Chile- FDI- Study- Foreign companies- REPORT- FDI Benefits

The Chinese company will install a fill & finish plant in Chile that will produce more than 60 million doses of this vaccine and develop other vaccinations. It also announced that it will construct an R&D center in northern Chile.

Topics: FDI- Chinese investment- Coronavirus- covid- Chinese companies in Chile- Science in Chile- Sinovac- biotech

Job sources are expected to come from new recycling plants, compost trucks and product repair services.  Besides, Chile is leading the way to develop the value chain associated with a sustainable packaging industry. In this context, InvestChile and Fundación Chile are organizing the webinar ‘Plastic Recycling Infrastructure: Investment Opportunities in Chile.'

Topics: circular economy- recycling- Recycle- Jobs- Green Jobs- Green economy

This project aims to improve the performance of Camanchaca salmon farm, keeping in consideration variables such as salmon production capacities, demand and price. 

Topics: Food Industry- Salmon- Artificial Intelligence- Foods- Healthy Food- Foodtech- Food Technology- startup- Camanchaca- Salmon farm

This is the third Chinese financial institution to arrive in Chile and its mission is to support Chinese companies in foreign trade and investment.

Topics: international trade- China- Chinese investment- Banking- Chinese companies in Chile- China Construction Bank- China Exim Bank- Bank of China

Financial support, contacts, incentives and international relations are some of the benefits received by national startups when supported by these entities that are showing increasing interest in investing in new projects in the region.  

Topics: Entrepreneurship- Venture Capital- business accelerator- Venture Capital in Chile- startup- Investment Funds

In order to contain the arrival of new COVID-19 variants, foreign non-residents will remain prohibited from entering Chile. Chileans that hold a Pase de Movilidad (mobility pass) will be able to leave the country.  

Topics: Airports- Tourism- Business tourism- Travel- Flights- Coronavirus- COVID-19- covid- Paso a paso

These are free, online programs for people who are unemployed or self-employed.  The courses are intensive, last from 2 to 4 months and help people to switch over from any trade or profession to IT programming and design.

Topics: global services- Global Competitiveness Report- global services export- Talento Digital- Talento Digital para Chile- Digital Talent- scholarship- IT

Between 2014 and May 2021, 14,215 investor visas have been issued. Of these, 53% have been issued to Chinese nationals. This number coincides with the increase in Chinese investments in Chile.  

Topics: Visas- Foreign Investment in Chile- China- Doing Business in Chile- Chinese investment- Chinese companies in Chile- Investor visa- Work visa

The company, backed by Norwegian and Irish capital, will add solar and wind projects with a 1 GW production capacity to its portfolio through a US$ 1.5 billion investment. 

Topics: Clean Energy- renewable energy- Energy- Mainstream- Norwegian investment in Chile- Energy infrastructure- Renewables- Irish investment in Chile

The Danish toy brand plans to invest US$2 million in opening stores across Chile. 

Topics: Foreign Investment- Retail- Foreign companies- Lego- Danish investment- store- opening

The Scale VC Program, promoted by Endeavor and InvestChile, aims to impart knowledge to Chilean investors, connecting them with foreign investment funds so they can share experience and expand their networks, thereby accelerating venture capital investment in Chile.

Topics: Start-Up- Venture Capital- InvestChile- Endeavor- Venture Capital in Chile- Family Offices