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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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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: Energy

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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: Financial Institutions

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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: Retail

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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- Startup

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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 Investment- Chilean Economy

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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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Chilean startup to improve salmon harvest using AI

InvestChile - August,4,2021

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

Topics: Food Industry- R&D

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The Export-Import Bank of China opens its first office in Chile

InvestChile - August,2,2021

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

Topics: Financial Institutions

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Latin America is on the radar of large investment funds

InvestChile - August,2,2021

Financial support, contacts, incentives and international relations are some of the benefits received by national startups when supported by these entities that are showing increasing interest in investing in new projects in the region.  

Topics: Venture Capital- Startup

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COVID-19: Chile announces partial border opening

InvestChile - July,30,2021

In order to contain the arrival of new COVID-19 variants, foreign non-residents will remain prohibited from entering Chile. Chileans that hold a Pase de Movilidad (mobility pass) will be able to leave the country.  

Topics: Coronavirus

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Chile will provide 1,400 scholarships for IT retraining

InvestChile - July,29,2021

These are free, online programs for people who are unemployed or self-employed.  The courses are intensive, last from 2 to 4 months and help people to switch over from any trade or profession to IT programming and design.

Topics: Technology- Talent

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China leads investor visas

InvestChile - July,27,2021

Between 2014 and May 2021, 14,215 investor visas have been issued. Of these, 53% have been issued to Chinese nationals. This number coincides with the increase in Chinese investments in Chile.  

Topics: Visas

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Mainstream to double its current capacity with new energy projects

InvestChile - July,22,2021

The company, backed by Norwegian and Irish capital, will add solar and wind projects with a 1 GW production capacity to its portfolio through a US$ 1.5 billion investment. 

Topics: Energy

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Lego opens its largest Latin American store in Chile

InvestChile - July,20,2021

The Danish toy brand plans to invest US$2 million in opening stores across Chile. The 133-square-meter store in Concepción will be the company’s ninth store in Chile.  

Topics: Retail

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Family Offices and Chilean VC funds meet in strategic program

InvestChile - July,19,2021

The Scale VC Program, promoted by Endeavor and InvestChile, aims to impart knowledge to Chilean investors, connecting them with foreign investment funds so they can share experience and expand their networks, thereby accelerating venture capital investment in Chile.

Topics: Venture Capital

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7 frequently asked questions about the launch of Starlink in Chile

InvestChile - July,14,2021

Chile will be the first Latin American country to benefit from Starlink’s satellite internet services. The project consists of a constellation of satellites designed to provide low-latency high-speed broadband connectivity to parts of the world that were previously unreachable by this type of technology.

Topics: Technology

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Ferrero Group to install a new hazelnut processing plant in Chile

InvestChile - July,12,2021

The group will invest US$40 million in a new plant in the Ñuble Region through its Chilean subsidiary AgriChile, thereby increasing its production capacity.

Topics: Food Industry

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Cryogenic energy in Chile, a new step towards decarbonization

InvestChile - July,2,2021

Highview Enlasa’s first liquid air energy storage plant in Latin America will rely on a CRYOBattery system with 50MW/500MWh capacity and will be located in the Atacama Region of northern Chile.

Topics: Energy

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Unicorns in Chile: Local leaders foresee a domino effect

InvestChile - July,1,2021

Chilean companies like NotCo, Cornershop and Betterfly have already held remarkable investment funding rounds in their short lives as they have attracted attention from large international investment funds.

Topics: Venture Capital- Startup

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The startup using AI and blockchain to trace plastic recycling

InvestChile - June,29,2021

Chilean company StatKnows is the creator of Recyclame (Recycle Me), a platform that uses artificial intelligence and blockchain technology to cross check bar code information from plastic bottles so that the passage of bottles through the entire value chain can be managed.

Topics: Technology- Circular economy

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