CBC Survey: 54% of early-stage investment projects in Chile are led by foreign companies
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Gulf plans to increase its presence in Chile tenfold
Multinational fuels company Gulf Oil International speeds up its expansion in Chile with its local partner, Cabal. After opening its tenth service station, the company plans to reach nearly ...
Lush moves to double its presence in Chile
The British natural cosmetics company, which has been operating in Chile for 23 years, plans to continue expanding and reach US$10 million in sales.
Chile and digital talent: preparing for the future of work
Chile is developing highly-qualified human capital in areas such as cybersecurity, data science and artificial intelligence. With public programs and global alliances, the country is consoli...
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Beijing Oriental Yuhong enters the Chilean market with Construmart acquisition
The Chinese company will acquire the Chilean home improvement chain for US$123 million.
Tenpo Bank: Chile’s first neobank prepares for launch
With nearly 2 million users and backed by the Peruvian conglomerate Credicorp, Tenpo is set to become Chile’s first fully digital bank. Its entry into the financial system will mark a major ...
Scala closes US$328 million deal to expand in Chile
This funding will be used for the construction of three hyperscale data centers and an electrical substation in Chile.
Nestlé establishes international pet food hub in Chile
With an investment of US$30 million, the Swiss multinational expanded its plant in Teno, Maule Region.
Italian company Mundys expands presence in Chile with Chiloé highway
The company, through its Grupo Costanera subsidiary, was awarded the concession for a 126-kilometer highway on Chiloé, strategically located for the island’s connection to the mainland.
Walmart Chile invests US$200 million to automate distribution center
The initiative includes an expansion of more than 65,000 m2, with an automated sector that will contain more than 1,400 autonomous robots and new technologies, focusing on logistics and in-s...
Sectoral Permit Law: A key driver for investment in Chile
Recent approval of the Sectoral Authorizations Framework Law will reduce permit processing times by between 30% and 70%, without affecting regulatory standards.