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InvestChile

InvestChile
We are the government agency responsible for promoting Chile in the global market as a destination for FDI.

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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- Energy- Desalination plants

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The key elements 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: InvestChile

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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- Peruvian investment

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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: Data Center

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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: Green Hydrogen

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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: Food Industry- 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

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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: Renewables

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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

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Ten companies present proposals to develop green hydrogen 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: 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: Tourism

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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: International trade- Food Industry

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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: Technology- Digital Economy- Optical Fiber

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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: Digital Economy

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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: Renewables- Energy- Green Hydrogen

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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: Banking- Financial System

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Mercado Libre quadruples its capacity in Chile with 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: Global services- e-commerce- Argentine investment

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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- Foodtech- Unicorn

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The seven key ways FDI 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 companies

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Circular economy to generate 100,000 green jobs in Chile by 2030

InvestChile - August,9,2021

Job sources are expected to come from new recycling plants, compost trucks and product repair services.  Besides, Chile is leading the way to develop the value chain associated with a sustainable packaging industry. In this context, InvestChile and Fundación Chile are organizing the webinar ‘Plastic Recycling Infrastructure: Investment Opportunities in Chile.'

Topics: Circular economy

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