InvestChile Blog

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InvestChile

InvestChile
We are the government agency responsible for promoting Chile in the global market as a destination for foreign direct investment, serving as a bridge between the interests of overseas investors and the business opportunities the country offers and providing world-class services that are in line with the country’s economic development policies.

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The details behind Sequoia’s investment in Chilean startup Fintual

InvestChile - November,26,2021

The US$39 million investment in Fintual marks Sequoia’s arrival in Chile amidst the burgeoning Fintech industry in Latin America. The company has invested in other regional startups, such as Despegar.com, Nubank and Rappi. 

Topics: Venture Capital- Fintech- Financial Market- Fintual- Sequoia

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Pinterest aims to expand its market in Latin America

InvestChile - November,22,2021

The inspirational app has launched a US$20 million fund to invest in and reward its content creators. This advertising model for the creative industries will arrive in Chile in 2022.  

Topics: global services- global services export- Pinterest- Creative industries- ads

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Adepa is now in Chile and will provide services to investment funds

InvestChile - November,18,2021

Carlos Morales, CEO of the Spanish company Adepa, confirmed that the maturity of the local market has created a demand for these services. The aim is to expand from Chile across the region. 

Topics: global services- Venture Capital- Spanish investment in Chile- global services export- Management- Adepa- Spanish companies

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Airbus inaugurates new training center in Chile

InvestChile - November,16,2021

The company is opening a 1,700m2 training facility for operators in Chile. It hosts a full suite of equipment for A320 pilots and will allow Airbus to train 1,800 people a year.  

Topics: success stories- Infrastructure- education- Airbus- Training facility- Long-term investment

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Column: Chile’s participation in the world economy

InvestChile - November,15,2021

“Agreements can always be improved when the parties reach a consensus, but updating and expanding our international agreements is not the same thing as submitting them for review, which would generate uncertainty regarding Chile as a trade partner.”  

Topics: international trade- opinion- Free trade agreement- FTA- op-ed- Column

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Wom CEO confirms investments of US$300 million in Chile

InvestChile - November,12,2021

Christopher Laska reasserted his optimism about the future of the country and the development of the company’s projects in Chile.

Topics: Foreign Investment in Chile- Chile- WOM- Telecoms- Chile digital hub

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Chile activates US technological investments for US$1 billion

InvestChile - November,8,2021

InvestChile met with representatives from companies such as AWS, EdgeConnex, Synopsys, SpaceX, Netflix, ViacomCBS and KKR, among others.  

Topics: Chile- global services- Investment in Chile- Technological investment- Chile digital hub

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Two consortia bid for the longest electricity line in Chile

InvestChile - November,3,2021

The referential investment amount is US$1.5 billion and will be key to strengthening the development of renewable energy in the country.

Topics: Foreign Investment in Chile- Chile- Energy- Investment in Chile

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Do you know Chile’s new energy development targets?

InvestChile - November,1,2021

Chile’s Government has updated its National Energy Policy, which for the first time considers climate change, green hydrogen and electromobility.

Topics: Foreign Investment in Chile- Chile- Energy- Electromobility- Energy Investment- Green Hydrogen- National Energy Policy- Investment

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International start-ups explain why they chose Chile 

InvestChile - October,29,2021

Chile’s vibrant local entrepreneurship ecosystem, international trade agreements, financing programs and high level of technological development are the main factors that attract foreign investment to the country. 

Topics: success stories- technology- StartUp-Chile- Entrepreneurship- Fintech- Foreign companies- startup- Tech Hub

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HDF joins the green hydrogen boom in southern Chile

InvestChile - October,29,2021

The French company began operations in 2012 and is preparing to open its doors in Chile. It will study new investments for fuel development, where it expects to launch its first operation in 2024 with an investment of over US$250 million.  

Topics: Clean Energy- renewable energy- Energy Investment- Green Hydrogen- Energy infrastructure- green energy- Green economy- French Companies- French investment- French investment in Chile- HDF

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Chilean mining industry increases its seawater consumption by 30%

InvestChile - October,27,2021

The number of desalination plants is increasing, while Chilean companies and foreign investors’ consumption of seawater has been constant. Cochilco also revealed that the sector's share of GDP reached its highest point in the last seven years.  

Topics: Mining- Desalination plants- Mining Industry- Mining Technology- Sea water- Energy in Mining- desalination- Mining suppliers

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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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Green Hydrogen in Chile: 15 projects to start production before 2030

InvestChile - October,8,2021

Since launching its national strategy, Chile has tripled its number of green hydrogen projects, currently boasting over 60 initiatives. The goal is for 25% of these projects to be producing green hydrogen before the end of the decade.

Topics: Foreign Investment in Chile- Chile- Energy- Green Hydrogen- green energy

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The Live Green Co: The first BCorp certified FoodTech startup 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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