The Chinese company will acquire the Chilean home improvement chain for US$123 million.
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Topics: Retail
Read MoreWith nearly 2 million users and backed by the Peruvian conglomerate Credicorp, Tenpo is set to become Chile’s first fully digital bank. Its entry into the financial system will mark a major milestone in the industry’s transformation, offering a branchless model, credit products, and an enhanced digital platform.
Topics: Global services- Fintech- Banking
Read MoreThis funding will be used for the construction of three hyperscale data centers and an electrical substation in Chile.
Topics: Data Center
Read MoreWith an investment of US$30 million, the Swiss multinational expanded its plant in Teno, Maule Region.
Topics: Food Industry
Read MoreThe company, through its Grupo Costanera subsidiary, was awarded the concession for a 126-kilometer highway on Chiloé, strategically located for the island’s connection to the mainland.
Topics: Infrastructure
Read MoreThe initiative includes an expansion of more than 65,000 m2, with an automated sector that will contain more than 1,400 autonomous robots and new technologies, focusing on logistics and in-store product availability.
Topics: Retail
Read MoreRecent approval of the Sectoral Authorizations Framework Law will reduce permit processing times by between 30% and 70%, without affecting regulatory standards.
Topics: Chilean Economy
Read MoreThe Saudi oil giant has entered the Chilean market as a new wholesale fuel supplier and operator of service stations, replacing Copec as a partner of the LATAM Pass loyalty program. This move strengthens Chile’s appeal for foreign investment in the energy and retail sectors.
Topics: Energy
Read MoreTopics: Telecomunicaciones
Read MoreAfter two years with no change, Chile has climbed two places in the IMD World Competitiveness Ranking, reaching its highest position since 2019. This improvement was driven by the country’s economic performance, although challenges remain in infrastructure, productivity, and innovation.
Topics: Ranking- Chilean Economy
Read MoreBacked by SIMEST and supported by InvestChile, the Italian company has connected its first two solar power plants in Chile, and plans to expand its presence with a portfolio of 15 projects, incorporating new technologies to strengthen the country’s energy transition.
Topics: Italian investment- Renewable energy
Read MoreFrom functional ingredients to sustainable packaging and innovative aquaculture, Chile offers unique competitive advantages for companies in the global food sector.
Topics: Food Industry- AgTech- Biotech
Read MoreThe new infrastructure investment is specifically intended for the construction of three data centers, which will be located in the province of Santiago.
Topics: Technology- Data Center
Read MoreThe French company officially submitted its H2 Magallanes initiative to the Environmental Impact Assessment System (SEIA). As another new milestone in Chile’s energy transition strategy, the record US$16 billion investment positions the Magallanes Region as a key clean energy production hub.
Topics: Green Hydrogen- French investment- Renewable energy
Read MoreThe Spanish company won the public tender to provide official transportation services at Chile’s main airport, in one of its largest investments since initiating operations in the country.
Topics: Global services- Spanish investment- Transport
Read MoreThe Metropolitan Public Transport Board (DTPM) has released a report detailing the cumulative impact of Santiago’s electric buses eight years after their deployment.
Topics: Electromobility- Transport
Read MoreThe project is Chile’s first large-scale stand-alone energy storage system and the largest in Latin America.
Topics: Renewable energy- energy storage
Read MoreThe President of Chile, Gabriel Boric, was present at the Mercado Libre Warehousing and Distribution Center in Chile for the announcement of an investment that will create 900 new jobs.
Topics: Global services- Last-mile- Argentine investment- logistics
Read MoreThe Danish firm plans to build between eight and ten new wind farms in Chile this decade, boosting its regional leadership and positioning itself in the transition to green hydrogen.
Topics: Energy- Renewable energy
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