InvestChile
We are the government agency responsible for promoting Chile in the global market as a destination for FDI.
Two years ago, the South American group opened a hub in Santiago where 100 Chilean and Brazilian employees develop software for export to countries including China. The firm is now focusing on Artificial Intelligence to serve the Andean and Southern Cone markets «from Chile to the world.»
Topics:
Global services-
Technology-
brazilian investment
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Credicorp’s Financial Inclusion Index highlights Chile as the only country in the region where cash is not the predominant means of payment. The report states that 47% of Chileans have reached an advanced level of financial inclusion.
Topics:
Banking-
Financial System
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The company’s President for Latin America and Caribbean noted that they have experienced «stable and positive» growth in the country and want to «continue boosting business.»
Topics:
Food Industry
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This new office has 21 meeting rooms, work desks and a coffee bar open to Bank customers and non-customers.
Topics:
Banking-
Spanish investment-
Financial System
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The AWS Head of Solutions Architecture - South of Latin America remarked on the company’s sustained investments in Chile over the last ten years, the integration of artificial intelligence models at Chilean companies, and how they address sustainability while developing their technology.
Topics:
Global services-
Data Center-
US investment
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According to Rodrigo Camacho, Chief Executive Officer at Nestlé Chile, the capital will be used for automation, innovation, enhanced safety and food safety in all the country’s production lines.
Topics:
Food Industry
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Produced from green hydrogen and nitrogen separated from the air, it is on track to become a cornerstone of the global energy industry.
Topics:
Energy-
Green Ammonia
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The multinational company’s initiative, focused on boosting employability in the technology sector, has 150 spots available for recent graduates and students in their final year of technology-related degrees.
Topics:
Global services
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An initiative planned in the municipality of San Gregorio in Magallanes aims to produce green ammonia (NH3V) for its subsequent export.
Topics:
Energy-
Green Ammonia
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The Spanish firm reported closing on the financing for the first two phases of the Oasis de Atacama project, totaling US$345 million. According to the company, this is «the world’s largest (energy) storage project.»
Topics:
Renewable energy-
energy storage
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Of the total number of requests for information, 53 were for 16 salt flats or saline lakes, while another 28 were for other types of deposits. Additionally, seven requests were for salt flats or areas excluded from this process.
Topics:
Mining-
Lithium
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Chile has consolidated its position as a leader in the production of synthetic fuels, marking a milestone in the automotive industry with the use of e-fuels in the Porsche Mobil 1 Supercup.
Topics:
Energy-
e-fuel
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The plant currently has 200 employees, of which 70% are women. The expansion of its facilities, which will enable the production of corn-based biscuits and tortillas for the Sanissimio brand in Talagante, will add 100 new employees.
Topics:
Food Industry-
Women-
Mexican investment
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Under the new regulation, institutions that are currently regulated in the financial system must join the Open Finance System (SFA) to provide information that users decide to share with other participating institutions, after giving their consent.
Topics:
Fintech
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The Foreign Investment Promotion Agency was created in 2016. Since then, it has accelerated the implementation of 220 projects worth US$21 billion from 32 countries.
Topics:
Foreign Investment-
Chilean Economy
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The European Commissioner for Energy, Kadri Simson, stated that reinforcing lithium extraction and securing the components for the production of batteries are priority objectives in Europe’s cooperation with Chile on renewable energy.
Topics:
Energy-
Renewable energy
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Mining Minister Aurora Williams highlighted the collaborative work between the ministries of Economy, Treasury and Foreign Affairs, and institutions such as the Chilean Economic Development Agency (CORFO) and InvestChile, “to promote the process in a transparent manner” both in Chile and abroad.
Topics:
Mining-
Lithium
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The facility, which is located in the Biobío Region and involved an investment of US$45 million, has a capacity of 37,000 pallets for frozen food and three cold chambers, and will generate around 750 jobs in the area.
Topics:
Industry
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The UNCTAD report highlights the momentum of the extraction of minerals for the energy transition in the region, particularly in Chile, and also emphasizes Chile’s green hydrogen and solar and wind power projects.
Topics:
Foreign Investment-
Chilean Economy-
UNCTAD
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Chile is emerging as a leader in green hydrogen production, offering an ideal environment for foreign investment in renewable energy.
Topics:
Energy-
Green Hydrogen-
Renewable energy
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