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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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CORFO selects BYD to boost lithium added value

InvestChile - April,24,2023

The Chinese giant was the first company selected after an evaluation process that began in November last year.

Topics: Mining- Lithium

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ESG ranking: Foreign companies among the most responsible

InvestChile - April,20,2023

The ESG Chile 2022 ranking, prepared by Merco, highlights the 100 most responsible companies in environmental, social and corporate governance.  

Topics: Foreign companies- Best practices

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ENGIE will invest US$1.8 billion in Chile

InvestChile - April,14,2023

Catherine MacGregor, the firm’s global CEO, and Rosaline Corinthien, CEO of the Chilean division, point out the strategic nature of Chile’s energy transition and highlight the growth of green production, which is already rising above 33%.

Topics: Energy

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Everything you need to know about Chile’s 40-hour workweek

InvestChile - April,12,2023

The legislation, which aims to improve the quality of life of employees and their families, will reduce the workweek for all individuals governed by the Labor Code. 

Topics: Chilean Economy

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Green foreign investment to confront climate change

InvestChile - April,5,2023

According to the Boston Consulting Group (BCG), green foreign direct investment (FDI) flows have increased significantly in recent years, becoming the largest FDI category. In this context, Chile has positioned itself as a pioneering country.  

Topics: Foreign Investment- Environment- Chilean Economy

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PedidosYa announces that it will keep investing in Chile

InvestChile - April,3,2023

Amid the slowdown in consumption, the Uruguayan brand has launched a new subscription plan which it expects to account for 20% of purchases through the platform by the end of 2023.

Topics: Foreign Investment- Global services

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Chile has 28 desalination plants in operation and under construction

InvestChile - March,31,2023

The first national survey of seawater processing plants found that the facilities in operation in the country currently have a combined capacity of 8,200 liters per second. The report states that that number could triple by 2028. 

Topics: Infrastructure- Desalination plants

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Electricity Coordinator promotes tender worth more than US$414 million

InvestChile - March,30,2023

The international call for tenders involves 15 new works, including a first energy storage system.

Topics: Energy- Public Tender

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OHLA is awarded the concession of the National Cancer Institute

InvestChile - March,28,2023

The Spanish company will invest more than €300 million (around US$323 million) in the concession contract in Chile, and will generate approximately 1,200 jobs during the peak of the construction phase.

Topics: Foreign Investment- Infrastructure

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Huawei enters the energy storage business in Chile

InvestChile - March,23,2023

The Chinese firm is focusing on digital energy technology deployment in the field of solar parks and, eventually, linked to data centers. 

Topics: Energy- Chinese investment

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30 years of concessions in Chile: What are the new challenges?

InvestChile - March,15,2023

The works privatization system today has totalled more than 100 contracts and more than US$27 billion in works distributed throughout the country.

Topics: Foreign Investment- Infrastructure

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Henkel commits to sustainable development in the Antofagasta Region

InvestChile - March,8,2023

The German company has been operating in Chile for 40 years. They have just installed their construction adhesives plant in the northern Chilean city, in an area that provides 99% of the raw materials for the production of their products.  

Topics: German investment- Foreign companies- Industry

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Chile presents investment opportunities in infrastructure

InvestChile - March,2,2023

The portfolio includes 54 projects to be awarded through 43 tenders promoted by the Chilean government that are worth more than US$13 billion in investments in the Latin American country.

Topics: Foreign Investment- Infrastructure

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Canadian mining firm to develop US$ 2.4 billion project in Chile

InvestChile - February,27,2023

The initiative, which is located in the Valparaíso Region, will produce 180 thousand tons of fine copper each year, with a useful life of 26 years.

Topics: Foreign Investment- Mining

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Government aims to fast-track permits for investment in Chile

InvestChile - February,24,2023

Chile’s National Evaluation and Productivity Commission will conduct a new study to assess priority sectoral permits for investment, in order to propose substantial improvements in their efficiency, predictability, and stability.

Topics: Investment

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Chile ranks as Latin America’s most innovative economy

InvestChile - February,13,2023

Chile reached position 50 out of 132 nations in the innovation index. The country stands out for the quality of its regulatory affairs and the creation of new businesses, which are related to an increase in the use of the intellectual property system as a percentage of total trade.  

Topics: Innovation- Ranking

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Chile among the least corrupt countries in Latin America

InvestChile - February,8,2023

The report published by Transparency International places Chile 27th in the ranking, the same as last year, while Denmark, Finland and New Zealand top the list worldwide. 

Topics: Ranking- Chilean Economy

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More than 2 million foreign tourists visited Chile in 2022

InvestChile - February,6,2023

Tourism in Chile generated over US$9 billion in income last year. The sector is expected to return to normal in 2023, with a 71% increase in visits over 2022. 

Topics: Tourism

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Brazilian-owned company Patria will invest US$150 million in Chile

InvestChile - February,3,2023

The company purchased a cold storage plant in Buin as part of its plan to invest US$750 million in Latin America by 2027. One third of this will be in Chile. 

Topics: Food Industry

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Chile’s 40+ measures to boost productivity

InvestChile - February,2,2023

The Productivity Agenda is the result of joint work with Chile’s different business associations and main workers’ organization. The measures aim to create the necessary conditions to boost the country’s economic growth and facilitate investment processes.  

Topics: Chilean Economy

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