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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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WEF: Chile consolidates position as the region’s most competitive economy

InvestChile - October,10,2019

In the 2019 version of the report, which measures the factors in productivity across 141 countries, Chile’s score increased by 0.3 percentage points, giving it 33rd position in the ranking.

Topics: Latin America- WEF- Ranking- World Economic Forum- World Ranking

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Microsoft to use spare TV bandwidth to take Internet to remote areas of Chile

InvestChile - October,9,2019

Under a program it is implementing internationally, the company takes advantage of vacant TV frequencies to provide broadband internet access for remote or commercially unattractive areas. In Chile, it has already identified 632 connection points.

Topics: Digital Hub- Digital Infrastructure- Microsoft- Internet

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The Live Green Co: they come from India and make 100% plant-based foods

InvestChile - October,8,2019

The firm plans to establish a factory in Chile to develop more healthy foods and, in the future, personal care products, such as creams, and household products such as detergents and dishwashing liquids.

Topics: Foreign Investment in Chile- success stories- Food Industry- AI- Artificial Intelligence- The Live Green Co- Healthy Food

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HIT Cowork: the Argentine company plans two more openings in Chile

InvestChile - October,1,2019

The coworking space company has chosen Chile to start its regional expansion. It is already in Valparaíso and will now open in the capital.

Topics: global services- Smart City- Co work- HIT Cowork

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Solar Token: The Chilean project based on blockchain that will permit worldwide marketing of renewable energies

InvestChile - September,30,2019

The token has a value defined in kilowatt-hours of electricity produced by sustainable projects.

Topics: renewable energy- Energy- Blockchain

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Statkraft to invest US$180 million in three wind plants in Chile

InvestChile - September,27,2019

“Through the operation of these three wind farms, we will contribute clean energy to the system and, specifically, central Chile,” said the Norwegian company’s vice-president for South America, Laine Powell.

Topics: Foreign Investment in Chile- Clean Energy- wind power- Energy- Energy Investment

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Oracle announces installation of large data center in Chile in 2020

InvestChile - September,25,2019

The owner of the company and the seventh richest man in the world, Larry Ellison himself announced the news at an event in San Francisco. Chile is the second Latin American country, after Brazil, to which the company is making a strong commitment.

Topics: 4IR- Tech investment- Digital Infrastructure- Data Center- Oracle- Connectivity

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Electromobility in Chile: Opportunities for the economy and universities

InvestChile - September,23,2019

Areas that range from the development of electric vehicles and strategies to add value to lithium through to the growth of renewable energies are among those that will benefit in a market that is growing on a daily basis.

Topics: Energy- electric buses- Electromobility- electric vehicles

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Alibaba seeks to add Chilean products to its online supermarket

InvestChile - September,16,2019

Import manager, Héctor Zhang, visited the South American country where he held meetings with dairy, fruit and wine producers. His aim is to create a specific channel with Chile.

Topics: China- e-commerce- Alibaba- Trade

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Chile’s goals for leading the world on clean renewable energies

InvestChile - September,13,2019

The aim is for 70% of the electricity consumed in the country to be from sources such as photovoltaic or wind energy by 2050; this is in addition to the announced decarbonization plan.

Topics: Clean Energy- photovoltaic solar energy- wind power- renewable energy- Energy

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Nanotec will export gold nanoparticles made in Chile for the electronics industry

InvestChile - August,13,2019

They enhance the conductivity properties of sensors to make devices lighter and more flexible. Due to these advances, the Internet of Things is expected grow at an unprecedented rate.

Topics: Tech investment- Internet of Things- IoT- Nanoparticles- Electronics

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To Chile for business: 10% of tourists travel for professional reasons

InvestChile - August,1,2019

The country, which is already known as an adventure and leisure destination, is now moving towards the coveted world of corporate tourism, where spending is almost twice as much as a visitor on vacation. In 2018, this segment brought in more than US$551 million.

Topics: Tourism- Tourism Infrastructure- Business tourism

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EY: Chile is one of the most attractive countries for renewable energy

InvestChile - July,29,2019

EY report awards first place to China followed by the United States and France. Within the region, Chile takes second place after Argentina.

Topics: NCRE- photovoltaic solar energy- wind power- renewable energy

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Japan’s SoftBank prepares arrival in Chile

InvestChile - July,25,2019

With a fund of US$5,000 million to allocate to innovative projects in Latin America, it will prioritize FinTech companies in the country, linked to digital wallets, payment methods and international remittances, among other services.

Topics: Fintech- Japan- Softbank- Banking

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Google will invest US$200 million to develop new data center in Chile

InvestChile - July,19,2019

This will add to the assets it already has in the country and seeks to respond to growing demand for its services in Latin America.

Topics: Infrastructure- Google- 4IR- Tech investment- Digital Transformation- Digital Hub- Digital Infrastructure

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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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