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.  

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.  

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.

The company aims to revolutionize the food industry with 100% plant-based products, clean labels, functional ingredients and sustainable production and packaging.

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. 

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.

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. 

Of the project proposals received by CORFO, six were presented by foreign companies from France, Denmark, Italy and Germany.

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%).

In Chile, there are 36 products with protection against unfair competition.  

The South American country ranks sixth among the organization’s 38 member states, behind Belgium, Austria, Israel, Ireland and the United Kingdom. 

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.” 

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.  

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.  

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.  

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.   

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.

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.'

This project aims to improve the performance of Camanchaca salmon farm, keeping in consideration variables such as salmon production capacities, demand and price. 

This is the third Chinese financial institution to arrive in Chile and its mission is to support Chinese companies in foreign trade and investment.