The Canadian multinational will reduce its workweek from 42 to 39 hours, benefiting more than 6,000 employees in Chile.  

The agency has published an e-book with a step-by-step operating guide that details the benefits for international companies of setting up in the Southern Cone country.

The German company has reported 20% higher global volume due to capacity increase of production facility in Chile by 2022.

The California-based company has launched operations in Chile with plans to expand to the rest of the region, beginning with Peru.

The equity fund focused on the renewable energy sector, will develop and operate the wind farms of La Flor, Vergara, and Cancura, which will have a combined installed capacity of 103.8 MW.

Last year, 104 deals were made, with the majority of transactions between US$1 million and US$5 million, exceeding US$ 2.9 billion, according to the Chilean Venture Capital Association. The financing rounds were led by private funds and there was a high level of foreign participation.  

The agreement signed by the Spanish company includes the new expansion phase of the Minera Spence deposit, owned by BHP and located in the municipality of Sierra Gorda in Chile’s Antofagasta Region.

The paytech firm Instacash Preauth has raised US$800,000 with Alaya capital and 500 startups. After entering the market in April 2021, it has grown 20% in each of the past 10 months and now has a team of 15 people in Chile. 

The new highway that will join Santiago and San Antonio will add to the more than US$6.5 billion that the Spanish firm has invested in the Latin American country since 1996.

The North American pet products retailer, part of Grupo Gigante, will invest US$2 million in launching its online business in Chile. The company plans to expand in the future with brick-and-mortar stores in the country.  

Global food giant Cargill has agreed to purchase 24.5% of the Chilean salmon company Multi X. This is the same stake that Japan’s Mitsui will hold; the company already has a stake in the firm. Multiexport Foods will retain control, with 51%.  

The US company has five buildings in Santiago, which have already exceeded 55% occupancy and demonstrate what WeWork have described as an “impressive” demand. 

Data indicates that the World Economic Forum’s gender gap accelerator programme in Chile has effectively promoted female representation in member organizations, which include Accenture, Cargill, IBM, LatAm Airlines, Microsoft, Nestlé, PwC, SAP, Salmon Chile, Siemens, Unilever and InvestChile.

The country’s new 2050 National Mining Policy contains a series of proposals to harmonize mining operations with environmental concerns.

The Orbital Sur project includes a new 24km-long highway, which will cross the municipal districts of Peñaflor, Calera de Tango and San Bernardo, forming a second metropolitan ring road.

Asked about their expansion plans, the company that operates the Candelaria mining complex stated that they are awaiting the outcome of royalty payment discussions. 

The company has chosen Santiago as the site for one of its 30 new Local Zones worldwide, which will be up and running between this year and next. The facility will encompass computing, warehousing and database services.

Backed by prestigious investors like Apple, Alibaba and Softbank, the Chinese company aims to compete in food delivery with UberEats, Pedidos Ya and Rappi. Its launch in the Greater Valparaíso area marks the beginning of those efforts. 

The insurance-tech startup Betterfly looks to launch in seven new markets in 2022 using the proceeds of its US$125 million Series C round.

Tribal Credit, Jeeves, Clara and Xepelin are companies expanding into various parts of the continent. Most share the vision that the public is under-served and see this as an opportunity, especially in financing for the small- and medium-sized business segment.