InvestChile Blog

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

Chile’s four undertakings for managing plastics by 2025

InvestChile - July,11,2019

The country expects that, within six years, 25% of plastic containers and packaging will be made from recycled material and 100% will be designed in line with the circular economy concept. The announcement was made five months before COP25 takes place in Chile.

Topics: COP25- circular economy- recycling- packaging

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First autonomous vehicle for passengers to be tested in Chile

InvestChile - July,10,2019

The Transport Ministry is coordinating the arrival of the minibus with a capacity for 12 passengers. It will be used on a route in the capital, Santiago, before being taken to the regions.

Topics: Artificial Intelligence- Electromobility- Smart City- electric vehicles- Last-mile- autonomous vehicle- Transdev

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5 Chilean innovations that will impact agriculture

InvestChile - July,5,2019

Chile is the southern hemisphere’s principal fruit exporter. Each year, it produces 5 million tonnes of fresh fruit of which it exports 2.6 million tonnes, representing sales of US$4,000 million. Exports of vegetables are also growing and reached US$30 million in the first four months of this year, up by 23% on the same period in 2018.

Topics: Food Industry- R&D- Innovation- Agriculture- Foods

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Frog scooter brand to start regional expansion from Chile

InvestChile - July,4,2019

The aim is to cover eight Chilean cities in 2019 with 7,000 scooters and, over the next 24 months, to open in six markets, starting with Argentina, Peru and Uruguay.

Topics: technology- Tech investment- Scooter- GoFrog- Last-mile

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Chile obtains historically low interest rate in successful placement of its first green bond

InvestChile - June,28,2019

In the placement of Chile’s first sovereign green bond, international markets showed their confidence in the Chilean economy through a historically low interest rate (3.53%) and strong demand from institutional investors that specialize in green bonds.

Topics: Green Bond- Chilean Economy- sovereign green bond- International Markets

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Acciona announces million-dollar investment plan and bids to be the country’s largest renewable generator

InvestChile - June,25,2019

The Spanish company, which has had operations in Chile for a decade now, revealed that it will invest US$800 million by 2025.

Topics: NCRE- photovoltaic solar energy- Energy- Acciona- Energy Investment

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Chilean entrepreneur gets innovative app for emergencies into Samsung and Google devices

InvestChile - June,17,2019

The 2010 earthquake in Chile was the inspiration for an emergency information system that operates without an Internet connection.

Topics: Innovation- Start-Up- Entrepreneurship- App

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Huawei announces first regional data center in Chile

InvestChile - June,14,2019

The company indicated that it expects to invest US$100 million in a first stage, but this could eventually increase.

Topics: Tech investment- Digital Transformation- Digital Hub- Huawei- Digital Infrastructure

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Boom in electric vehicles calls for more  lithium investment

InvestChile - June,12,2019

Some US$9,000 million must be invested in the lithium mining sector to develop the 600,000 tonnes of new capacity required to satisfy demand. 

Topics: Mining- lithium- Lithium Call- electric vehicles

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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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