InvestChile Blog

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

What elements have been key to attracting FDI to Chile in the past 5 years?

InvestChile - October,26,2021

Since it was set up in 2016, InvestChile has advised 1,464 companies from 70 countries, which in total have carried out 157 projects for an amount exceeding US$18.3 billion.

Topics: Foreign Investment in Chile- FDI- InvestChile- Investment in Chile

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Chile named South America’s Leading Adventure Tourism Destination

InvestChile - October,25,2021

The 28th World Travel Awards (WTA) for South America 2021 named Chile the Most Romantic Destination and the Leading Adventure Tourism Destination. These honors also demonstrate the business and investment opportunities that exist in Chile. 

Topics: Tourism- world travel awards- Tourism Infrastructure- Travel- WTA- Adventure Tourism- Chile Tourism- Romantic Tourism

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Chazki expands its last-mile delivery services in Chile

InvestChile - October,20,2021

The Peruvian startup intends to begin operating in Concepción, Chile’s second-largest city, in the coming months. The company, which is already operating in Santiago and Viña del Mar, states that its investment in Chile has resulted in “exponential” growth.  

Topics: Last-mile- Logistics- startup- Chazki- Peruvian Investment- Peruvian companies- Perú

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Oracle to invest in new Data Center in Chile

InvestChile - October,13,2021

This will be the US giant’s second center in the country, after the first one opened in the Metropolitan Region in December 2020. The investment amount has not been disclosed, nor was an amount reported during the construction of Oracle’s first cloud service in Chile.  

Topics: FDI- technology- Tech investment- Digital Hub- Data Center- Oracle- Connectivity- global services export- Digital Talent- Tech Hub

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The Live Green Co. becomes the first FoodTech start-up certified by B Corporation in LatAm

InvestChile - October,5,2021

The company aims to revolutionize the food industry with 100% plant-based products, clean labels, functional ingredients and sustainable production and packaging.

Topics: FDI- Food Industry- Start-Up- The Live Green Co- Foreign Direct Investment- Foodtech

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Chile: The heart of Latin America’s tech hub

InvestChile - September,30,2021

The South American country is forecasting technology investments totaling US$4.3 billion and 8,600 new jobs for digital talent. Foreign investment will be key to achieving these targets. 

Topics: technology- Digital Economy- Tech investment- Digital Hub- Connectivity- Digital Talent- Tech Hub

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Renewables auction succeeds in reducing electricity prices in Chile

InvestChile - September,27,2021

The tender award documents for contracts beginning in 2026 reveal an average price of US$24 per MWh. Several companies with foreign capital took part in the tender process, such as Mainstream Renewable Power, Sonnedix and Canadian Solar, demonstrating the importance of foreign investment in Chile’s energy sector.

Topics: renewable energy- Energy- Energy Investment- Electricity generation business- Public Tender- energy prices- electricity prices

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Chile to invest US$150 billion to increase copper production by 2050

InvestChile - September,24,2021

As a first step, the world’s largest copper producer plans to reach annual production of 7 million tons by 2030 in order to reach its mid-century target of 9 million tons. Foreign investment will be key to achieving these targets. 

Topics: Mining- Mining investment- Mining Industry- Mining Technology- Sustainable mining

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The challenges Chile poses to Chinese investors

Considering the huge potential for FDI flows from China, it is important that the different Chilean and Chinese public and private institutions continue to work together to identify opportunities and challenges, thereby facilitating the arrival of more Chinese investment in Chile.  

Topics: China- Chinese demand- Chinese investment- Chinese companies in Chile- China Desk

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Ten companies present proposals to develop green hydrogen plants in Chile

InvestChile - September,16,2021

Of the project proposals received by CORFO, six were presented by foreign companies from France, Denmark, Italy and Germany.

Topics: Foreign Investment in Chile- FDI- Energy- Foreign Direct Investment- Green Hydrogen

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Accor Hotels recover occupancy levels in South America

InvestChile - September,13,2021

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

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Chilean products with seal of origin that travel the world

InvestChile - September,9,2021

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

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

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OECD: Chile among the countries with the highest growth in fiber optic

InvestChile - September,7,2021

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

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Chile launches new manual for global services exports

InvestChile - September,2,2021

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

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Chile’s new green hydrogen projects

InvestChile - August,24,2021
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

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Bank of America prepares to open new business in Chile

InvestChile - August,19,2021

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

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Mercado Libre quadruples its capacity in Chile with a new storage center

InvestChile - August,18,2021

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

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NotCo: What’s next for this new Chilean unicorn

InvestChile - August,17,2021

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

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The seven key ways foreign direct investment impacts the Chilean economy

InvestChile - August,11,2021

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

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Why Sinovac fast-tracked its decision to set up in Chile

InvestChile - August,10,2021

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

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